Chancellor Angela Merkel stood firm on her debt-crisis policy after her party’s election defeat in Germany’s most populous state, saying voters didn’t reject budget austerity for the euro area.
German Chancellor Angela Merkel said she’ll hold the government together even after her coalition partner defied a call to stop talking down Greece and was flattened in a state election.
German Chancellor Angela Merkel has declared a truce in her campaign to master financial markets.
Chancellor Angela Merkel is turning Europe’s sovereign-debt crisis into an opportunity to reshape the euro region in Germany’s image.
Chancellor Angela Merkel ditched plans to cut taxes after her party suffered a historic setback in a state election, saying she’ll focus on debt reduction to pull Germany back in line with euro rules.
German Chancellor Angela Merkel will receive the highest U.S. civilian honor from President Barack Obama in Washington today in the kind of reception she can’t get closer to home.
"This is a massive loss in local prestige for the party."
- Gerd Langguth on May 13, 2012