Merkel ally urges ECB not to buy struggling states' bonds

(Reuters) - A senior member of Angela Merkel's party warned the European Central Bank not to pour money into Greece and other struggling euro zone states through bond purchases, saying this would reduce pressure on them to enact much-needed reforms.

Germany may see higher tax revenues, could play role in talks

BERLIN: Germany's tax revenues are likely to rise more than expected in 2013 and beyond, newspapers reported on Saturday, potentially giving the new government financial leeway and playing a role in coalition talks focused on the economy and energy.

Economic powerhouse Germany grapples with global role

Chancellor Angela Merkel has been thrust into leading Europe back from the financial brink, but Germany remains reluctant to take on global clout to match its economic prowess.

Merkel Blames SPD’s Schroeder for Letting Greece Into the Euro

German Chancellor Angela Merkel sought to pin the blame for the euro-region’s debt turmoil on her Social Democratic predecessor, Gerhard Schroeder, saying he should never have let Greece into the single currency area.

Experts offer Angela Merkel tips on how to cheer up the Germans

BERLIN: "Happiness experts" from all over the world offered Germany's Angela Merkel tips on Wednesday on how to cheer up her citizens, often stereotyped as prosperous worriers who view their glasses as half empty rather than half full.

Eurozone calm compared to a year ago: Jean-Claude Juncker

BERLIN: The eurozone crisis has eased markedly from one year ago when some doubted its very survival, Luxembourg Prime Minister Jean-Claude Juncker said in Germany on Thursday.

Inaction on global warming 'not an option': Angela Merkel

BERLIN: German Chancellor Angela Merkel warned Monday that in the quest for binding international emissions targets to fight global warming, doing nothing is "not an option".

Mario Monti calls time after restoring credibility to Italy

ROME: Mario Monti, who announced on Saturday that he intended to resign after just over a year as Italy's prime minister, restored international credibility to his country and dragged it back from the brink of financial collapse.

World stocks slightly lower amid gloom

AMSTERDAM (AP) — World stock markets declined Tuesday against a backdrop of worries about global economic growth and Europe's debt crisis.

Ex German Finance Minister favors joint euro zone debt

(Reuters) - Former German Finance Minister Peer Steinbrueck, a possible challenger to Chancellor Angela Merkel in next year's election, spoke out in favor of common debt issuance in the euro zone even though the Berlin government and most Germans oppose it.

Bond Traders in Europe Deal in High Expectations, and Fear

LONDON — James Konrad, a bookish 27-year-old with a polite manner, used to make a living at a sports betting company, weighing the odds of muddy terrain affecting the sure-footedness of racehorses.

Merkel seen as big loser in euro zone showdown

BERLIN/PARIS: Angela Merkel was portrayed across Europe as the big loser of a euro zone showdown in Brussels after the German chancellor was forced to accept the crisis-fighting measures championed by countries struggling with their debts.

Germany, France, Italy, Spain vow billions to boost growth

ROME: The leaders of the eurozone's four biggest economies on Friday vowed measures to boost growth in the face of a relentless debt crisis, including an injection of up to 130 billion euros ($163 billion).

Angela Merkel calls for quick ratification of EU bailout fund

BERLIN: Chancellor Angela Merkel Monday stressed her determination to ratify the EU's bailout fund and fiscal pact before the German parliament's summer break amid reports she was prepared to add growth measures to the text.

German lawmakers approve new Greek bailout

The German parliament approved a second, 130 billion ($173 billion) loan package for Greece on Monday after Chancellor Angela Merkel warned lawmakers that it would be irresponsible to abandon the country to bankruptcy.

China's CIC brushes aside Merkel investment plea

(Reuters) - The head of China's $410 billion sovereign wealth fund CIC brushed aside a call by German Chancellor Angela Merkel to buy European government debt, saying such investments were "difficult" for long-term investors.

European stocks lower as Greece debt talks drag on

European stock markets moved lower Monday, slipping back after sharp gains made on strong US jobs data last week as investors once again tracked a lack of progress on Greece's debt problems.

S&P Praises ECB Crisis Measures as Political Response Trails

Jan. 14 (Bloomberg) -- European leaders are divided and behind the curve in their response to the sovereign debt crisis while the European Central Bank is playing a “constructive role,” Standard & Poor’s said.

While Merkel and Sarkozy Talk, Traders Act

BERLIN — Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France met Monday to discuss their next steps in combating the sovereign debt crisis that has destabilized Europe.

Record number of Germans in work in 2011

The number of employed people in Germany hit a new record in 2011, said official statistics published on Monday, with more than half a million jobs created last year in Europe's top economy.