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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.
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Chancellor Angela Merkel is drawing fire from Germany’s banks for pushing through regulation they say is rushed and meant to appeal to voters more than lenders.
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Time may be running out for Alenka Bratusek, the Slovenian prime minister who is resisting a bailout as global bond markets put her on the front lines of Europe’s debt crisis.
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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.
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German Chancellor Angela Merkel said the economy can’t afford tax increases that the two opposition parties proposed in their platforms for Sept. 22 elections.
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Germany’s Free Democratic Party backed the euro and rejected tax increases, aligning its election platform with Chancellor Angela Merkel in a bid to stay her junior coalition ally for four more years.
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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.
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Germany’s top trade unionist, Michael Sommer, looked out on a May Day crowd of workers and told them that a proposed labor flexibility plan wouldn’t create a single job.
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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.
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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.
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