Angela Merkel News
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Updated 15 minutes ago
German Chancellor Angela Merkel’s government is “failing” in a plan to exit nuclear energy and run Europe’s biggest economy on renewable energy sources, Green Party co-leader Juergen Trittin said.
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Updated 52 minutes ago
European leaders declared a turning point in the Greece-fueled debt crisis, shifting their focus away from the budget-cutting spree that has dominated two years of rescue operations.
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Chancellor Angela Merkel and Brazil’s President Dilma Rousseff will hold talks in Germany on March 5 and March 6, German government spokesman Georg Streiter said today at a regular press conference in Berlin.
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European leaders agreed to provide capital faster for the planned permanent bailout fund in a concession to international pressure to strengthen the bloc’s defenses against the debt crisis.
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Germany, the world’s biggest solar- power market, may delay a plan to cut subsidies in the industry by at least three weeks to allow developers to complete projects, a lawmaker said.
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Euro-area finance ministers are set to clear a second rescue for Greece today to avoid what Italian Prime Minister Mario Monti described as a potential “brutal outcome” for the Greek economy.
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Konrad Goretzka drops his son Leon off for training at German soccer club VfL Bochum most mornings before driving two miles to the Opel car factory where he has worked as an electrician for more than three decades.
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Italian Prime Minister Mario Monti, signaling the worst may be over for the euro region’s most distressed bonds, said he expects leaders to strike a deal by the end of the month on expanding a debt-crisis firewall.
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The euro region’s temporary financial backstop, the European Financial Stability Facility, could be allowed to run “a few months longer than planned,” Volker Kauder, the parliamentary chief of Chancellor Angela Merkel’s Christian Democratic Union and its Bavarian Christian Social Union sister party, told Die Welt.
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German Chancellor Angela Merkel may be willing to abandon her opposition to temporarily increasing the euro-region’s debt-crisis firewall to 750 billion euros ($1 trillion) from 500 billion euros, Sueddeutsche Zeitung reported today, without saying where it got the information.
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