Hungarian Prime Minister Viktor Orban risked further isolation in the European Union after comparing a remark made by Chancellor Angela Merkel with Nazi Germany’s military seizure of the country in World War II.
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting amid renewed bickering between Europe’s two biggest economies.
Twelve days into his job as co- chief executive officer of Deutsche Bank AG, Anshu Jain stood beside Germany’s finance minister and in front of video images of lush forests and rolling rivers as hundreds of businessmen sang the national anthem.
Chancellor Angela Merkel will unveil her Christian Democratic Union’s campaign platform on June 24, the last political leader to outline a program in an election-year tradition reserved for the ruling party.
Europe may accelerate a shift away from its austerity-first agenda this week as the new Italian government changes course and a German-Spanish investment pact underscores a renewed focus on combating record unemployment.