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Tag Archives: Merkel

Merkel conveys Germany’s veto to Customs Union update with Turkey

German Chancellor Angela Merkel informed European Commission President Jean-Claude Juncker on Aug. 30 that her country would veto an update of the Customs Union agreement with Turkey, daily Hürriyet has learned. One day before their meetings in Berlin, Merkel announced they will convey the German government’s position to Juncker regarding …

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Bitter row between Erdogan and Germany is getting tenser

Turkish President, Recep Tayyip Erdogan has further strained his country’s relationship with Germany by describing the main German political parties as “enemies of Turkey”. Speaking after Friday prayers to his supporters gathered in a mosque in Istanbul, the Turkish President criticised those who he said had an aggressive or disrespectful …

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Merkel says she is wary of Greece’s over dependence on China

German Chancellor Angela Merkel is wary of business over-dependence on China. She is especially concerned about the Chinese investments in Greece where Cosco has been winning the cream of the cream in public privatization tenders. In an interview with German weekly magazine WirtschaftsWoche, Merkel said Europe needed to be wary about …

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Greek Gov’t: We are far from finding a solution at the Eurogroup on Thursday

It is usually German Finance Minister Wolfgang Schaeuble who claims pessimism on solution ahead of crucial Eurogroup meetings. This time – for a change – it is the Greek government. “We are far from finding a solution at the Eurogroup on Thursday, given that Germany has not taken any progress …

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Tsipras says additional measures won’t be implemented if no debt relief deal

Greek Prime Minister Alexis Tsipras said that the additional austerity measures 2019-2020 will not be implemented if there is no measures for debt relief. In an interview to private ANT1 TV on Tuesday evening, the Prime Minister clarified that the government will legislate for the additional pension cuts and higher …

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Tsipras tells Merkel “Game Over!” Background Eurogroup Malta

“Angela, once you called me about my finance minister. Now, I call you about yours.” This is what Prime Minister Alexis Tsipras told German Chancellor Angela Merkel on Wednesday, two days before the Eurogroup meeting in Malta on April 7,2017.  It was Tsipras’ phone call to Merkel that unblocked the …

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From Kohl’s Two-Speed to Merkel’s Multi-Speed Europe

A few Europeans leaders have called for a “multi-speed Europe” at a mini-summit at the Palace of Versailles on Monday. present at the summit were host Francois Hollande, the French president, Angela Merkel, Germany’s Chancellor,  Italian Prime Minister Paolo Gentiloni and Spanish Prime Minister Mariano Rajoy. The four came together …

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Lagarde: Greece doesn’t need Debt Haircut but Restructuring

Managing Director of International Monetary Fund, Christine Lagarde, said that “Greece doesn’t need debt haircut for the time being,” right after the meeting with German Chancellor Angela Merkel in Berlin on Wednesday. What needed is “debt restructuring and interest rate cuts on bailout loans.” Stressing the need of reforms, Lagarde …

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Merkel: The Euro is too low for Germany

German Chancellor Angela Merkel suggested on Saturday that the euro was too low for Germany but made clear that Berlin had no power to address this “problem” because monetary policy was set by the independent European Central Bank. Merkel made her remarks at the Munich Security Conference as U.S. Vice …

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