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Staying the course on debt reduction and measures to boost competitiveness are the prescriptions for ending the euro region crisis, German Chancellor Angela Merkel’s party says in a draft paper for her re-election campaign.
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A leader of Chancellor Angela Merkel’s party said the opposition Social Democrats, who are slumping in the polls, may break their word and team up with the former East German communists in a bid to regain power.
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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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German Chancellor Angela Merkel attempted to shut the door on common euro-area bonds as a means to solve the debt crisis, saying that she won’t let financial markets dictate policy.
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Germany’s largest cities are preparing to tighten rent regulations as they take advantage of a new federal law aimed at curbing the housing boom.
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Munich Mayor Christian Ude accused the Bavarian government of unlawfully helping to fund the 2.5 billion-euro ($3.3 billion) purchase of 32,000 apartments and asked European Union regulators to halt the sale.
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Members of German Chancellor Angela Merkel’s coalition parties signaled they won’t stand in the way of European Central Bank chief Mario Draghi’s plan to buy government bonds.
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Stephan Werhahn remembers playing at the feet of his grandfather as a child. The man was a towering figure in more ways than one. Lionized as Der Alte, or the Old One, Konrad Adenauer was West Germany’s first postwar chancellor, a founder of the Christian Democratic Union (CDU) political party and an early proponent of European unification.
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The governments of Bavaria and Hesse, two of Germany’s richest states, filed a lawsuit at the country’s highest court in Karlsruhe today in an attempt to pay less to poorer regions.
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Chancellor Angela Merkel’s Bavarian Christian Social Union ally wants to let Germans vote in referendums on major European Union integration moves.
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