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"Austerity leads to Depression – The Threat of German Amnesia" by Joschka Fischer

By SocialEurope on  From social-europe.eu
Austerity leads to Depression – The Threat of German Amnesia 28/05/2012 By Joschka Fischer Europe’s situation is serious – very serious. Who would have thought that British Prime Minister David Cameron would call on eurozone governments to muster the courage to create a fiscal union (with a common budget and tax policy and jointly guaranteed public debt)? And Cameron also argues that deeper political integration is the only way to stop the breakup of the euro. A conservative British prime...Read Full Story

Angela Merkel Has A Secret Plan To Save The Euro. And It’s Not A Pretty Plan

By Pugface1701 on  From stirringtroubleinternationally.com
in Let's Be Cynical / on May 27, 2012 at 12:02 am / Samuel Marshall writes from Berlin: Rumour has it that German Chancellor Angela Merkel has come up with a cunning plan to save the euro and sort out Greece. It is simplicity itself. Greece, according to Chancellor Merkell, should become like Germany. Well, not exactly like the present Germany, but more like the former German Democratic Republic. The GDR was in a total mess when it was incorporated into the Federal...Read Full Story

Euro financial crisis in Greece

By masumnetcox on  From masummultimedia.webs.com
the euro,the euro crisis,debt crisis,euro debt crisis,euro debt,euro in crisis,greece euro crisis,greece euro,greece crisis,euro financial crisis,debt crisis,euro crisis news,euro debt ,euro debt crisis, euro financial crisis ,euro in crisis ,greece crisis,greece euro, greece euro crisis,the euroThe arc of Europe’s postwar history is changing toward issues. It is not just that much of the Place has decreased into a new Great Despression symptoms, or that in some countries things will get more...Read Full Story

Germany rules out common euro bonds

By LsosA on  From edition.cnn.com
German Chancellor Angela Merkel is likely not to support the creation of eurozone bonds. STORY HIGHLIGHTS Germany refused to share the debt burden of stressed eurozone peers Ignores pleas by the OECD and the International Monetary Fund for eurozone bonds (Financial Times) -- Germany refused to share the debt burden of stressed eurozone peers on Tuesday, ignoring two of the most influential international economic bodies which offered support for proposals championed by Paris, Rome and...Read Full Story

EU summit to raise pressure on Merkel

By LsosA on  From edition.cnn.com
German Chancellor Angela Merkel gives a press conference to announce that her environment minister had been dismissed on May 16, 2012 at the Chancellery in Berlin. Merkel sacked Norbert Roettgen, following heavy losses of his conservative Christian Democratic Union (CDU) party in a key regional vote in North Rhine-Westphalia on May 13, 2012. Roettgen will be replaced by Peter Altmaier. AFP PHOTO / ODD ANDERSEN (Photo credit should read ODD ANDERSEN/AFP/GettyImages) STORY HIGHLIGHTS...Read Full Story

UEFA chief Platini throws down gauntlet to German Chancellor Merkel

By LsosA on  From edition.cnn.com
UEFA chief: Final will be 'beautiful' STORY HIGHLIGHTS Platini confident German Chancellor Merkel would attend Euro 2012 final if Germany playing Merkel and other European leaders have threatened boycott over political situation in Ukraine Platini stands firm on UEFA's new Financial Fair Play Rules UEFA chief remains opposed to introduction of goal-line technology (CNN) -- UEFA president Michel Platini is confident German Chancellor Angela Merkel would attend the final of Euro 2012 in...Read Full Story

Merkel urges Greece to resolve political instability

By LsosA on  From edition.cnn.com
German Chancellor Angela Merkel called Greek President Karolos Papoulias on Friday morning. STORY HIGHLIGHTS Angela Merkel tells Greece's president that Europe wants to see government formed swiftly Greece is holding fresh elections next month after a first vote failed to produce a government Ratings agency Fitch has cut Greece's credit rating amid concerns about its future The political instability has raised doubt about whether Greece will stay in the eurozone (CNN) -- German...Read Full Story

G8 leaders to focus on Europe's woes

By Jenifer on  From okynews.com
CAMP DAVID, Maryland: The leaders of powerful nations of the world were to focus on economic woes of Europe on Saturday after President Barack Obama threw his weight behind the French calls for more growth policies .Obama has paved the way for a G8 summit grumpy here by forging an alliance with the new French president Francois Hollande on the need to shake Europe return to growth.Fearing the economic crisis in Europe is about to get worse - with dangerous repercussions for the U.S. economy...Read Full Story

Eurobonds will not fix eurozone problems: Angela Merkel - Economic Times

By industrialmetal on  From economictimes.indiatimes.com
Telegraph.co.ukEurobonds will not fix eurozone problems: Angela MerkelEconomic TimesBERLIN: Raising fresh funds for growth by issuing more debt in the shape of eurobonds will not solve and only exacerbate the bloc's problems, German Chancellor Angela Merkel said on Thursday. "It makes no sense to want to fix everything with eurobonds ...Secondary Sources: Germany's Bailout, Fed and Fiscal Cliff, Top Nation for WomenWall Street Journal (blog)EU plans closer economic union to save euroBBC NewsA...Read Full Story

France: Hollande in Germany for debt crisis talks, hours into presidency

By LsosA on  From edition.cnn.com
Hollande heads to Berlin after lightning STORY HIGHLIGHTS François Hollande meets Germany's Angela Merkel for talks on the eurozone crisis Hollande switches planes after his first is struck by lightning en route to Berlin "The challenge of this five-year term is recovery," Hollande says in Paris Hollande names fellow Socialist Jean-Marc Ayrault as prime minister Paris (CNN) -- François Hollande arrived in Germany on Tuesday, hours after becoming France's new president, for talks on the...Read Full Story
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