The Local Germany

Merkel: No eurobonds 'as long as I live'

Wed, 27 Jun 2012 11:08:00 +0200

Chancellor Angela Merkel swore there would be no eurobonds for, “as long as I live” ahead of what has been described as a last-gasp EU summit to save the currency on Thursday.

Most Germans expect euro crisis to get worse

Thu, 07 Jun 2012 13:32:00 +0200

Nearly four out of five Germans expect the eurozone debt crisis to get much worse before it gets better but a majority still believes the single currency will survive, a poll indicated on Thursday.

Merkel: Hard work, not eurobonds, will fix euro

Fri, 25 May 2012 10:22:00 +0200

Raising fresh funds by issuing more debt in the shape of eurobonds will not solve and only exacerbate the eurozone's problems, German Chancellor Angela Merkel said on Thursday.

Politics played a role in Stark's exit from ECB

Sat, 17 Dec 2011 14:26:00 +0100

Political reasons played an important role in his decision to leave his job at the European Central Bank, outgoing ECB chief economist Jürgen Stark told the Wirtschaftswoche magazine.

Germany dampens EU crisis summit hopes

Wed, 07 Dec 2011 14:38:00 +0100

Germany on Wednesday poured cold water on hopes for a decisive breakthrough at an EU summit over the coming two days that has been dubbed the last chance to save the beleaguered euro.

Merkel and Sarkozy call for new euro pact

Mon, 05 Dec 2011 21:05:00 +0100

France and Germany want a new EU treaty by March with tougher budgetary rules to deal with the eurozone debt crisis, President Nicolas Sarkozy and Chancellor Angela Merkel said after crisis talks Monday.

German Commissioner calls for eurobonds

Sat, 03 Dec 2011 10:59:00 +0100

Germany's EU Commissioner Günther Oettinger has added his voice to those calling on Germany to give up its firm rejection of eurobonds as a means to ending the eurozone’s debt crisis.

Germany's leadership to euroblivion

Wed, 30 Nov 2011 17:18:00 +0100

With Europe's sovereign debt crisis now threatening the survival of the euro, Germany will need to do more than simply force austerity on its neighbours, writes The Local's Marc Young.

German identity - cemented in the euro

Tue, 29 Nov 2011 07:48:00 +0100

As Europe's sovereign debt crisis continues to simmer, Germans are wondering if they can afford to save the euro – or not to. NPR’s Berlin correspondent Eric Westervelt reports.

Merkel ups heat on Greece, rebuffs Brussels

Wed, 23 Nov 2011 12:26:00 +0100

German Chancellor Angela Merkel stepped up the pressure on Greece on Wednesday to commit to reforms, and held to her tough stance against European Commission proposals to introduce eurobonds.

Germany says eurobonds no 'cure' for debt crisis

Mon, 21 Nov 2011 14:36:00 +0100

The idea of introducing so-called "eurobonds" across the 17-nation eurozone should not be considered a miracle remedy for its debt crisis, German Chancellor Angela Merkel's spokesman said on Monday.

Can eurobonds solve Europe's debt crisis?

Mon, 19 Sep 2011 14:22:00 +0200

As Europe continues to grapple with its sovereign debt crisis, one possible solution being mooted is jointly underwritten eurobonds for the 17 eurozone countries. NPR’s Berlin correspondent Eric Westervelt explains what they are and why Germany doesn’t much like them.

Euro bailouts legal but MPs need more say

Wed, 07 Sep 2011 12:23:00 +0200

Germany's top court ruled on Wednesday that aid for Greece and rescue packages for other eurozone countries was legal but said parliament must have greater say in any future bailout.

Merkel urges eurozone budgets court enforced

Wed, 24 Aug 2011 12:02:00 +0200

German Chancellor Angela Merkel would like to see the European Court of Justice (ECJ) play a role in enforcing the rulebook for the eurozone, particularly on limits for public deficits, deputies say.

Merkel emphasizes 'no' to eurobonds, for now

Mon, 22 Aug 2011 11:54:00 +0200

German Chancellor Angela Merkel reiterated late on Sunday that she opposes eurobonds, which would pool the 17 eurozone nations' debt, but left the door open to a change in policy at a later date.

Rösler promises tax cuts for 2013

Sun, 21 Aug 2011 13:04:00 +0200

Economics Minister Philipp Rösler has reiterated his commitment to tax cuts in 2013, despite the government's struggles to balance its budget.

Schäuble sees no danger of losing credit rating

Sat, 20 Aug 2011 18:24:00 +0200

Finance Minister Wolfgang Schäuble said on Saturday he saw no danger of Germany losing its top grade with the world's credit ratings agencies, considering the budget cuts the government has made.

Media roundup: Plotting the euro's future in Paris

Wed, 17 Aug 2011 16:03:00 +0200

With the eurozone debt crisis still simmering, Germany and France have proposed an economic government for Europe’s currency union. But newspapers in The Local’s media roundup aren’t so sure it will be enough to save the euro.

Sarkozy and Merkel plan eurozone government

Tue, 16 Aug 2011 18:12:00 +0200

France's Nicolas Sarkozy and Germany's Angela Merkel vowed to give the eurozone bloc a "true economic government" Tuesday, but experts said their pledges were not enough to defuse the debt crisis.

Eurobonds could stop the downward spiral

Tue, 16 Aug 2011 16:49:00 +0200

The German government doesn't think eurobonds will help Europe out of its debt crisis, but it's high time Chancellor Merkel gave up her stubborn resistance to them. A commentary by Marcus Gatzke from ZEIT ONLINE.