The Local Germany

Majority of Germans now trust in the Euro

Tue, 24 Mar 2015 17:34:28 +0100

A survey published on Tuesday shows that German public trust in the single currency has risen sharply over the last two years to hit 57 percent.

France demands Germany invests €50bn

Mon, 26 May 2014 10:38:00 +0200

The French government has called on Germany to invest €50 billion in its own infrastructure over the next three years to jumpstart eurozone growth as France strives to reduce national debt.

Merkel 'impressed by Italian PM's package'

Tue, 18 Mar 2014 09:46:00 +0100

Chancellor Angela Merkel said Monday she was "very impressed" with the stimulus and reform package of Italy's new centre-left Prime Minister Matteo Renzi.

Germany pledges aid to Greece, urges reform

Fri, 10 Jan 2014 13:20:00 +0100

Foreign Minister Frank-Walter Steinmeier promised further financial aid to Greece as he met with Greek premier Antonis Samaras in Athens on Friday morning. In return the government must push forward with reforms, he warned.

Germany's greatest fear? The euro debt crisis

Thu, 05 Sep 2013 17:24:00 +0200

Germans say they worry about the European debt crisis more than anything else, according to a survey released on Thursday revealing the country’s biggest concerns.

Merkel's unemployment drive under fire

Thu, 04 Jul 2013 12:06:00 +0200

German Chancellor Angela Merkel and EU leaders pledged action on Wednesday on tackling mass youth unemployment in Europe. But the opposition said her austerity policies were directly responsible for the problem.

Merkel targets Europe's youth unemployment

Wed, 03 Jul 2013 10:29:00 +0200

German Chancellor Angela Merkel hosts European leaders on Wednesday in a bid to tackle sky-high youth unemployment which has left more than half of under 25-year-olds out of work in several southern countries of the eurozone.

Merkel to host youth unemployment talks

Mon, 01 Jul 2013 09:51:00 +0200

Chancellor Angela Merkel on Wednesday hosts EU talks on felling sky-high youth unemployment less than three months before German elections after coming under fire for championing austere spending cuts and helping to create a "lost generation".

Merkel has 'contempt' for scoffing Irish bankers

Fri, 28 Jun 2013 12:29:00 +0200

Angela Merkel reacted with unusual passion to recently disclosed phone calls made in 2008 between Irish bankers in which they mocked Germany's efforts to save the euro and sang "Deutschland Über Alles". Merkel said she had only "contempt" for them.

Croatian PM tells Germans to relax

Sun, 23 Jun 2013 18:49:00 +0200

Croatian Prime Minister Zoran Milanovic spoke directly to German tax payers on Sunday, in an attempt to reassure them that “even if it collapsed” his country's entry into the EU on July 1 would never cost them a cent.

EU immigrants leave Germany within a year

Thu, 13 Jun 2013 15:01:00 +0200

Although Germany may be the destination of choice for many immigrants looking for work, most who come here from crisis-hit European countries stay for less than a year, according to new figures.

Berlin and Paris confront Europe's youth job crisis

Tue, 28 May 2013 16:35:00 +0200

France and Germany joined hands on Tuesday to confront a jobs crisis blighting the lives of millions of young people in the eurozone, saying that the key to work lies with small businesses.

Bundesbank chief: allow eurozone defaults

Sat, 25 May 2013 11:39:00 +0200

The head of the German central Bundesbank Jens Weidmann said on Friday that eurozone countries should be able to default, a possibility which the EU has gone to great lengths to avoid during the current crisis.

German consumers keep recession at bay

Fri, 24 May 2013 10:57:00 +0200

Buoyant consumer confidence and increased household spending is keeping Germany, Europe's biggest economy, from recession, despite sagging exports and falling investment, data showed on Friday.

Franco-German friendship cools further

Wed, 01 May 2013 11:01:00 +0200

A year after Francois Hollande's election, the French president finds himself trapped in Europe between a powerful but unpopular German Chancellor Angela Merkel and his own weakness at home.

Germany calls on Italy's 'sense of responsibility'

Sun, 03 Mar 2013 10:18:00 +0100

Germany's leaders said over the weekend they were confident that Italian politicians would act responsibly and continue structural reforms following an inconclusive election last week.

Germany groans at Italian 'anti-Merkel' vote

Thu, 28 Feb 2013 08:05:00 +0100

Germany has failed to mask its unease over Italy's anti-austerity protest vote that has led to political deadlock, with calls for Italians to stay reform-focused and derisory digs in the media.

Commerzbank slashes employee bonuses

Fri, 15 Feb 2013 15:23:00 +0100

Commerzbank said on Friday it would slash employee bonuses for 2012 with chief executive Martin Blessing foregoing his altogether following the bank's "unsatisfactory" performance last year.

Merkel: Greek rescue good for Germany

Sat, 01 Dec 2012 15:18:00 +0100

Rescuing Greece from economic collapse is in Germany's best interests, Chancellor Angela Merkel told Sunday's edition of the Bild tabloid, after German lawmakers approved billions of euros in international aid for Athens.

Parliament approves €43.7 billion for Greece

Fri, 30 Nov 2012 13:25:00 +0100

Germany's parliament on Friday overwhelmingly approved billions of euros in international aid for Greece, handing a much-needed financial boost to Athens as it battles against bankruptcy.