Chancellor Angela Merkel has told her party there will likely be an increase in the write down of Greek debt, while trying to play down reports of disagreements with France over the European debt crisis.
German business confidence deteriorated for the fourth month in a row in October, data showed on Friday, as Europe's economic powerhouse begins to feel the pain of the region's debt crisis.
US President Barack Obama and British Prime Minister David Cameron weighed in on the eurozone crisis with the French and German leaders Thursday, ahead of a crucial weekend EU summit, the White House said.
French President Nicolas Sarkozy and German Chancellor Angela Merkel will meet Saturday to prepare a "global and ambitious answer" to the eurozone crisis ahead two key EU summits, they said in a statement issued in Paris.
The eurozone crisis will hit Germany hard next year with growth expected to be dramatically lower than previously thought, the government said on Thursday.
Evidence that the eurozone debt crisis is beginning to hurt the German economy sent investor confidence in Europe's largest economy to a three-year low, data showed on Tuesday.
The head of Germany's biggest bank, Deutsche Bank, is conducting talks over a 50-percent write-down of Greek debt in his capacity as chairman of the global banking lobby, a newspaper reported Monday.
Credit rating agency Fitch has downgraded two German banks and is conducting a comprehensive review of other banks, including Deutsche Bank, with a view to reducing their ratings too.
The eurozone debt crisis will have a major impact on Germany next year, the country's leading economic institutes said on Thursday, with Europe's top economy likely to only narrowly escape recession.
The government said on Tuesday that Germany's economy will likely slow later this year due to the impact of the eurozone debt drama, in a stark warning that the crisis is hitting even Europe's strongest economy.
The head of Germany's banking federation has announced that banks should accept the 21-percent loss on Greek debt repayment before further measures are discussed to ease the eurozone crisis.
German Economy Minister Philipp Rösler called for more stability in the eurozone to deal with debt turbulence as Greece pledged to fully repay its bailout loans on Friday.
As Chancellor Angela Merkel prepared to meet leading European finance figures in Berlin on Thursday evening, she stressed the need for a secure currency system to ensure economic growth.
Just days before he is due to travel to Athens, Economy Minister Philipp Rösler laid out a framework for orderly state bankruptcies, calling for it to be included in a contract for the permanent euro crisis management mechanism.
Extraordinary exchanges between senior members of Angela Merkel’s Christian Democratic Union in the run-up to last week’s crucial vote on the euro bail-out fund have come to light, prompting claims of anti-democratic bullying.
Following the Bundestag’s vote on Thursday to expand the eurozone bailout fund, <b>The Local</b> hit the streets to find out what the average German makes of it all, in the latest instalment of our new <b>Zeitgeist</b> series.
German industrial giant Siemens refused on Tuesday to comment on a newspaper report that it had withdrawn about half a billion euros in cash from a French bank and parked it at the European Central Bank.
As Europe continues to grapple with its sovereign debt crisis, one possible solution being mooted is jointly underwritten eurobonds for the 17 eurozone countries. NPR’s Berlin correspondent Eric Westervelt explains what they are and why Germany doesn’t much like them.
The parties of Germany's ruling coalition continue throwing verbal barbs at one another over the euro crisis. The Free Democrats refuse to back down from their eurosceptic stance, despite demands from the Christian Democrats.
The German government could raise its official growth forecast after Chancellor Angela Merkel indicated on Friday Europe's biggest economy would expand faster than expected this year.
The world's leading central banks have decided on joint action to provide banks with extra dollar liquidity, the European Central Bank said on Thursday.
Germany and France believe debt-ridden Greece's future lies in the eurozone, as Athens vows to stick to the harsh austerity measures needed for an EU bailout.
The German government continues to be shaken by the insistence of junior coalition partner the Free Democratic Party openly talking about the possibility of a Greek default in the euro crisis.
