German spies may target speculators (Telegraph.co.uk) Mar 18, 2010Germany takes its fear of financial speculators to new heights by suggesting it may deploy spies to monitor investors who target currencies.... France rebuffs Germany: no treaty changes for EU economic reform (Earthtimes) Mar 18, 2010Strengthening European Union economic governance and setting up aid mechanisms for Greece should not lead to an amendment of EU treaties, French Finance Minister Christine Lagarde said on Thursday, rejecting calls coming from Germany... Greece, the euro, and the Battle of Jutland (Telegraph.co.uk) Mar 18, 2010Needless to say, it really doesn’t make any difference in the long-term whether Greece gets a bail-out or who provides the money. The country is not facing a liquidity crisis, it is facing an insolvency crisis.... Papandreou Seeks EU Aid Deadline, Challenging Merkel (Business Week) Mar 18, 2010Greek Prime Minister George Papandreou set a one-week deadline for the European Union to craft a financial aid mechanism for Greece, challenging Germany to give up its doubts about a rescue package.... Talk on IMF solution picks up (eKathimerini) Mar 18, 2010Germany says Greece can work out its own problems; Petalotis admits that aid from Fund is an option... Germany gets tough over euro (BBC News (blog)) Mar 17, 2010This may be remembered as the day the single currency changed. In a speech to the Bundestag, Angela Merkel said it should be possible to expel a country from the eurozone.... Eurozone needs expulsion option - Merkel (RTE.ie) Mar 17, 2010German Chancellor Angela Merkel has said the eurozone must have the option of expelling a member if a country persistently breaks its rules.... Germany and France clash over Greek rescue package (Times Online) Mar 15, 2010Conflict was brewing between Berlin and Paris yesterday over the crisis in the eurozone as the German Finance Minister called for countries that fail to clean up their finances to be thrown out of the single currency.... EU to discuss Greek aid, Germany skeptical (MSNBC) Mar 15, 2010Euro zone finance ministers on Monday will look at how to give Greece financial aid should it ask for help, but there were signs France and Germany were holding out on making concrete commitments.... 'IMF' for Europe should carry high price: German minister (AFP) Mar 12, 2010German Finance Minister Wolfgang Schaeuble again voiced support on Friday for the idea of a European monetary fund (EMF) to help eurozone nations in crisis, but stressed that any aid would have to come with draconian penalties.... Greek crisis will not hit tourism (Straits Times) Mar 09, 2010THE economic and fiscal crisis engulfing Greece will not prevent hordes of German holidaymakers flocking there this year, the head of Germany's tourism board predicted on Tuesday.... |