General Motors Co. will have to go to the four German states home to Opel’s factories for money to reorganize the unprofitable unit, said Chancellor Angela Merkel as she reiterated that Germany won’t provide federal aid.
German Chancellor Angela Merkel ’s Christian Democratic Union was fined 1.2 million euros ($1.6 million) for breaching party donation rules, adding to the CDU’s difficulties as it prepares to fight seven state elections.
Chancellor Angela Merkel ’s Christian Democratic Union may be able to stay in power in the state of Baden-Wuerttemberg with its Free Democratic Party coalition partner, a poll commissioned by ZDF television indicated .
German Chancellor Angela Merkel and French President Nicolas Sarkozy suffered setbacks in state and local elections that risk undermining the remainder of their terms leading Europe’s two largest economies.
Chancellor Angela Merkel agreed to share borrowing costs with Germany’s states to help ease their budget squeeze, completing a deal the opposition said will help secure German ratification of the European Union’s fiscal pact.