Merkel’s big victory proving a big obstacle in forming German government
Despite having cruised to victory in last month’s German elections, Angela Merkel is finding potential coalition partners reluctant to enter government with her.
Despite having cruised to victory in last month’s German elections, Angela Merkel is finding potential coalition partners reluctant to enter government with her.
With September elections looming, German opposition members are asking: What did the chancellor know, and when did she know it?
Beate Zschäpe’s image was splashed across German newspapers today as her trial opened on charges of being a member of the Nationalist Socialist Underground. The existence of the murderous group eluded authorities for years.
Cypriots took to the streets and its parliamentarians rebelled against a EU bailout plan for the country’s banks that would impose a tax on the banks’ account holders.
Germany’s abstention from the UN vote on the status of the Palestinian Authority angered Israel and raised questions about whether Germany’s once almost unconditional support is changing.
After a 12-hour meeting lasting into the wee hours last night, Greece’s creditors agreed to cut its debt and release more bailout funds, staving off yet another Greek bankruptcy.
Greece needs its next aid infusion by mid-December. But European finance ministers postponed a deal amid disagreement over how much time Greece should have to pay down debt.
Chancellor Merkel, who faces elections next year, has tied her political fate to the survival of the common currency. But despite her efforts, Greece’s economy continues to reel.
The European Central Bank’s announcement today expressed a willingness to prop up the bond market but without providing any specifics on how much it would spend, for how long, or starting when, dashing expectations that the continent had unified around a remedy for the eurocrisis.
An article quotes several former members of the German defense ministry alleging that Israel is arming German-made submarines, delivered at very generous terms, with nuclear cruise missiles.
French President François Hollande surprised viewers at home and abroad with his remark that a military intervention in Syria should not be excluded.
Elections in France and Greece yesterday did not just bring down the incumbent governments in these two countries. They also mean the return of insecurity to the eurozone.
ACTA is a controversial international anti-piracy agreement that has embroiled Germany‘s politicians in a heated debate.
Leaders also pledged to promote growth and target high unemployment, in a sign that the relentless focus on austerity measures alone to battle Europe’s economic woes is wearing thin.
Germany’s renewable energy sector has experienced a boom in the last decade that has far superseded expectations.
By Michael Steininger
Jan. 31, 2012