Tag: Germany
China requested negotiations with the EU to avoid trade war
China called on Monday to meet with the heads of the EU trade following a series of trade disputes, after the accolade of Germany, which opposes sanctions on imports of Chinese solar panels. With another trade dispute in sight, in this case, in the chemical sector, Brussels announced that Chinese Vice Commerce Minister Zhong Shan, [...]
Berlin denies pressure to include the rate to Cypriots
The German government denied today that has brought pressure to achieve include the controversial rate to savers in the rescue program of Cyprus and said the decision was made by the Executive of Nicosia. But Berlin was adamant on the need for the last eurozone country to request a bailout contribute substantially, depending on the [...]
European Central Bank President Warns Crisis Has Already Reached German Economy
The president of the European Central Bank (ECB), Mario Draghi, warned that the effects of the debt crisis in the euro area “have already arrived in the German economy.” Draghi said that “so far largely avoided Germany could some difficulties in other regions of the euro area”, in an event organized by popular and cooperative [...]
The high price of gasoline threatens the economic growth in Germany
The relentless rise in the price of motor fuels, which exceeded last week and 1.70 euros for a liter of super and € 1.60 for diesel, threatening economic growth in Germany. “With two euros on the price plank begins to crackle the situation,” he says today the president of the Diet of German Industry and [...]
Germany proposes an oversight committee for the entire EU budget
Berlin has proposed to its EU partners the creation of a commission of independent experts to oversee the financial and budgetary policy in the European Union (EU), said the German weekly “Der Spiegel”. The initiative, explained in an internal document of the Ministry of Finance has access to that publication, would reinforce the functions work [...]
Merkel, willing to a compromise on the European rescue fund
German Chancellor Angela Merkel said on Monday ready for a commitment to increasing European media firewall against the crisis, just days before a meeting of European finance ministers focused on this issue. Berlin now seems willing to accumulate the funds already granted by the EFSF (European Financial Stability Fund) to the mechanism that will replace [...]
Obama Promises More Clean Energy
U.S. President Barack Obama pledged today to continue to promote clean energy sector not to give ground to countries like China and Germany, at the beginning of a tour focused on defending its energy policy to the rising gasoline prices. “I will not give up the new, to give our position in China, Germany and [...]
Monti and Merkel meet in Rome to discuss the European situation
German Chancellor Angela Merkel and Italian Prime Minister, Mario Monti, meet today in Rome to discuss the situation in Europe, behind the scenes created with the approval of the new fiscal pact and approve the second bailout of Greece. The meeting will also discuss the latest developments come out of the Eurogroup meeting in which [...]
German Finance Minister said that Spain is not Greece
Spain is not Greece, said Monday the German finance minister, Wolfgang Schauble, who said “great progress” made by Spain, despite the government’s announcement that it will break Mariano Rajoy of the deficit target agreed with Brussels this year . “Spain has made much progress,” Schauble said upon arrival in Brussels for the meeting of finance [...]
German Finance Minister said Germany has no intention to dominate Europe
German Finance Minister, Wolfgang Schäuble, said that Germany does not want or can become the hegemonic nation European Union (EU), whose member states suggest a lower public spending and structural reforms to boost the economy to the “weak growth “2012. In an interview published today by the Italian daily “La Repubblica”, a two-day visit to [...]
