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Europe's stronger economies should do more to boost growth and beef up the defenses against the continent's debt crisis, the head of the International Monetary Fund said Monday.
German Chancellor Angela Merkel said Standard and Poor's downgrades of nine countries underline the fact that the eurozone faces a "long road" to win back investors' confidence, pushing Saturday for it to move quickly on a new budget discipline pact and a permanent rescue fund.
Dutch-born entertainer Johannes Heesters, who made his name performing in Adolf Hitler's Germany and was dogged later in his long career by controversy over his Nazi-era past, died Saturday, his agent said. He was 108.
A newly released poll finds that Germans overwhelmingly oppose jointly guaranteed eurobonds while Chancellor Angela Merkel's hard-nosed management of the euro crisis is gaining rising approval.
German Chancellor Angela Merkel is brushing aside pressure for a quick-fix solution to the euro crisis even as market tensions mount, arguing that spreading debt liability could ruin Europe's competitiveness and a massive European Central Bank bond-buying drive wouldn't resolve its problems.
Germany's government hopes to cut nearly 1,000 troops from the country's contingent in Afghanistan by January 2013, the foreign and defense ministers said Thursday.
Germany's economic growth will slip below 1 percent next year amid increasing global uncertainty and pressure on rich countries to reduce their debts, the government's panel of independent economic advisers said Wednesday.
Germany's Lufthansa revealed Friday that it plans to sell its British Midland Ltd subsidiary to the owner of rival British Airways, having failed to turn the business around after nearly three years of ownership.
Chancellor Angela Merkel looks set to receive wide German parliamentary backing for plans to increase the eurozone rescue fund's firepower before she heads to a high-stakes European summit on Wednesday.
Eurozone leaders will likely boost the firepower of their bailout fund at a summit later this month, Belgium's finance minister said Tuesday, as a push to impose larger losses on Greece's private creditors appeared to be gaining more steam.
Greece has enough money to pay pensions, salaries and bondholders through mid-November, the finance minister said Tuesday, as markets worried that a messy default could bring down European banks and trigger another global recession.
German officials on Monday downplayed prospects of any quick and dramatic change of course in the eurozone debt crisis, days before a parliamentary vote on beefing up the continent's rescue fund.
German Chancellor Angela Merkel says that "if the euro fails, Europe fails."
A senior ally of Chancellor Angela Merkel says Germany's troubled government will survive and keep working together to resolve the eurozone debt crisis despite a state election wipeout for her junior coalition partner.
These should be promising times for Germany's Left Party: a stubborn financial crisis, an unpopular center-right government, and upcoming regional elections in two longtime strongholds.
Germany's president said Wednesday that he has legal concerns about the European Central Bank's drive to buy the bonds of financially weak governments, a key tool in the region's efforts to ease market tensions.
The deadly twin attacks in Norway were greeted with an outpouring of sympathy and disgust across Europe and beyond on Saturday, and generated calls to counter the far-right intolerance that may have motivated the assailant.
German Chancellor Angela Merkel said Friday that it is Berlin's duty to support the euro currency as she praised the new eurozone agreement on a second bailout for Greece.
German business confidence declined more than expected this month amid jitters over Europe's debt crisis, but the overall picture remains positive, a closely watched survey showed Friday.
Leo Kirch, a German media mogul whose television-based empire unraveled in a spectacular bankruptcy nearly a decade ago, died Thursday. He was 84.
Germany's finance minister defended the rescue packages for Greece and other eurozone countries at a supreme court hearing on Tuesday, as opponents argued that the bailouts violated both German and European law.
The battle against Europe's deadly E. coli outbreak descended into cacophony and confusion. Now that the crisis is stabilizing, German officials acknowledge lessons to be learned.
Chancellor Angela Merkel placed much of the blame for her party's poor performance in a weekend election on Germany's discussion about nuclear energy, and said Monday she hopes "quick and clear decisions" on its future will defuse the issue.
German investor confidence has fallen more sharply than expected in the wake of the political turmoil in the Arab world and Japan's devastating earthquake, a survey showed Tuesday.
Chancellor Angela Merkel pledged Monday to press ahead with a review of nuclear power's future in Germany after her coalition suffered a "very painful" defeat in a weekend state election dominated by Japan's nuclear crisis.
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