Germany could live with Dutch Finance Minister Jeroen Dijsselbloem’s proposal to separate deliberations on a rescue fund from other aspects of a European Union bank-failure plan, said the parliamentary finance spokesman of Chancellor Angela Merkel’s party.
Germany’s states sought to ban the far-right National Democratic Party, petitioning the country’s highest court to rule its aims and activities unconstitutional a decade after an earlier attempt to outlaw the group failed.
Germany may upgrade its short-range missile-defense capability by adapting the aging Patriot system after its planned successor known as MEADS was dropped on cost grounds, a senior Defense Ministry official said.
Chancellor Angela Merkel’s third-term coalition will maintain Germany’s export focus and pay little heed to “misplaced” international criticism of its economic model, Deputy Economy Minister Bernhard Heitzer said.
German Chancellor Angela Merkel agreed to a national minimum wage and to increased spending on pensions and infrastructure while holding firm to her refusal to raise taxes in a coalition accord with the Social Democrats.
Germany’s Social Democrats widened demands on workers’ pay in the last 72 hours of coalition talks with Chancellor Angela Merkel’s bloc, prompting industry fears that the country’s labor-market rules are being unraveled.
Chancellor Angela Merkel’s bloc and her prospective Social Democrat coalition ally back leverage limits for banks advocated by the Basel Committee amid opposition from German lenders including Deutsche Bank AG.
German Social Democratic Party delegates vented their anger at the SPD leadership in a series of ballots for senior posts that revealed grassroots opposition to coalition talks with Chancellor Angela Merkel.