German Chancellor Angela Merkel headed to Greece on Thursday amid tight security to show post-austerity solidarity with Athens and lend diplomatic support on a name change for neighbouring Macedonia.
Greece's former finance minister Yanis Varoufakis will stand for the May 2019 European election in Germany, a country he once locked horns with during the Greek debt crisis, the political movement
he launched has announced.
The head of Portugal's ruling Socialists called German Finance Minister Wolfgang Schäuble a "pyromaniac" on Thursday after he criticized Lisbon for reversing course on austerity.
French Economy Minister Arnaud Montebourg on Saturday criticised German austerity measures and warned France would no longer "be pushed around" by the EU's economic powerhouse.
Germany's efforts to save the euro and urge other European Union countries to embrace austerity to crawl out of the economic crisis is being greeted negatively by people across the bloc, a new poll has revealed.
The International Monetary Fund lowered Monday its forecast for German growth this year to just 0.3 percent, but predicted that Europe's biggest economy will experience a recovery in the second half of 2013.
Thousands of protesters rallied in central Frankfurt on Saturday to voice growing European discontent against a string of austerity measures that have been applied across the continent over the debt crisis.
French President Francois Hollande, attending the 150th anniversary celebrations of Germany's Social Democratic Party (SPD) in Leipzig on Thursday, praised the unpopular welfare and labour reforms implemented by former Chancellor Gerhard Schröder.
The International Monetary Fund's chief economist believes Germany's budgetary policy is "appropriate" while criticizing the fiscal habits of the United States.
Germany argued Tuesday that the eurozone must stay the course with "already successful" reforms and fiscal discipline, a day after European Commission chief Jose Manuel Barroso suggested the tide may be turning against tough austerity.
Germany does not have the economic strength to launch another stimulus package now without running the risk of losing market confidence, Chancellor Angela Merkel said late Monday.
Chancellor Angela Merkel defended her role in the eurozone crisis Monday against angry citizens of debt-mired nations, saying her tough austerity course was the only way to win back trust.
Chancellor Angela Merkel's cabinet signed off Wednesday on a hefty austerity package that critics say will hit the poorest hardest and could endanger Germany and therefore Europe's economic recovery.
Cuts to Germany's <i>Elterngeld</i> parenting benefits will be deeper than previously thought, with its centre-right government planning to benefits for low-income parents who work part-time, media reported Friday.
German cities complain they are bearing the brunt of deep tax cuts by Chancellor Angela Merkel’s government and nowhere is feeling the pain more sharply than the rust-belt town of Wuppertal.
