Nobody asked the German people if they wanted the euro. Now, almost 15 years after Europe introduced its common currency, a new political party has emerged to campaign for a return to the deutsche mark.
The co-leader of Germany’s Greens, Juergen Trittin, sharpened his party’s attack on Chancellor Angela Merkel’s Christian Democrats, saying policy differences put them on “collision course” in federal elections this fall.
Germany’s Chancellor Angela Merkel said the country’s system to spur clean-energy generation needs to change, including reducing green subsidies paid by consumers, to ensure gas-fired plants are able to operate at a profit.
German lawmakers approved a rescue for Cyprus as Finance Minister Wolfgang Schaeuble warned that refusing aid to a fifth crisis-ravaged state risked triggering a sovereign default and contagion to other euro nations.