Latest Angela Merkel News

  • Merkel says relationship with Tsipras not damaged 13 hours ago

    BERLIN (Reuters) - German Chancellor Angela Merkel said on Wednesday that her personal relationship with Greek Prime Minister Alexis Tsipras had not been damaged by the standoff with his government over an aid-for-reforms deal. "I've spoken with Alexis Tsipras numerous times in the past days. Our personal relationship has not been damaged in the least," Merkel said at a news conference with visiting Italian Prime Minister Matteo Renzi. (Writing by Noah Barkin; Editing by Michelle Martin) More »

  • The Latest: Merkel says Greek talks only after referendum
    The Latest: Merkel says Greek talks only after referendum 13 hours ago

    The latest news on Greece's financial woes (all times local): ___ 6:24 p.m. German Chancellor Angela Merkel is sticking to her position that there can be no negotiations on a new aid package before Greece ... More »

  • Special Report - How Greece went bust
    Special Report - How Greece went bust 14 hours ago

    The Greek Prime Minister Alexis Tsipras sat on one side, along with a translator and Angela Merkel, the German chancellor. In this modest Brussels setting last Friday morning, key players in the great Greek debt drama tried to avert a meltdown that could threaten the future of the euro and even the European Union (EU). Merkel and Hollande made a final offer of billions of euros in aid for bankrupt Greece – if Tsipras would sign up to economic reforms demanded by his country's creditors. More »

  • Pace of Italian reforms is 'impressive', Merkel tells Renzi
    Pace of Italian reforms is 'impressive', Merkel tells Renzi 14 hours ago

    BERLIN (Reuters) - German Chancellor Angela Merkel said on Wednesday that she was impressed by the pace with which Italian Prime Minister Matteo Renzi was implementing reforms. "It's quite impressive how things have been implemented - from the institutional reforms to the so-called Jobs Act," Merkel said during a joint news conference with Renzi in Berlin. She added that Italy's growth perspectives were encouraging and that the overall economic direction of the country was right. (Reporting by Noah Barkin and Michael Nienaber) More »

  • No differences on Greece between Merkel, Schaeuble - spokesman 17 hours ago

    There are no differences of opinion on Greece between German Chancellor Angela Merkel and her finance minister, Wolfgang Schaeuble, a government spokesman said on Wednesday. "Between the chancellor and the finance minister there is no difference in views on Greece," spokesman Steffen Seibert told reporters. This is something Schaeuble has repeatedly ruled out. More »

  • Merkel says 'Europe's future not at stake' in Greek crisis
    Merkel says 'Europe's future not at stake' in Greek crisis 17 hours ago

    German Chancellor Angela Merkel said Wednesday that "the future of Europe is not at stake" from the Greek crisis but warned against striking a compromise at any price that could weaken the EU. More »

  • The Latest: Merkel wants IMF involved in future Greek deal
    The Latest: Merkel wants IMF involved in future Greek deal 17 hours ago

    The latest news on Greece's financial woes (all times local): ___ 2.30 p.m. German Chancellor Angela Merkel is making clear that she wants the International Monetary Fund involved in any new aid program ... More »

  • The Latest: Merkel dismisses bailout talks before referendum
    The Latest: Merkel dismisses bailout talks before referendum 18 hours ago

    The latest news on Greece's financial woes (all times local): ___ 2.15 p.m. German Chancellor Angela Merkel is insisting that there can be no negotiations on any new aid package for Greece before its referendum ... More »

  • Stocks tick up, Greece keeps trading volatile; euro off
    Stocks tick up, Greece keeps trading volatile; euro off Tue, Jun 30, 2015

    By Rodrigo Campos NEW YORK (Reuters) - Stocks ended slightly higher on Wall Street in volatile trade on Tuesday and a global equities gauge was flat, while the euro fell as Greece grappled with a looming deadline on a debt payment to the IMF. Markets held on to some chance of resolution even as German Chancellor Angela Merkel played down any hopes of a last-minute deal with Greece and said there will be no new negotiations before a vote planned for Sunday. More »

  • Merkel says Germany won't negotiate new deal with Greece before referen … Tue, Jun 30, 2015

    BERLIN (Reuters) - German Chancellor Angela Merkel said on Tuesday that Germany would not negotiate on a new bailout agreement for Greece before its referendum which is planned for Sunday. "Before a referendum, as planned, is carried out, we won't negotiate on anything new at all," Merkel said. She added that this applied regardless of whether new offers were made on Tuesday, suggesting it was now too late to vet them. Merkel placed the blame on the Greek government for allowing its bailout programme to expire tonight. ... More »

  • Merkel says Germany can't discuss new plan before Greek vote - source Tue, Jun 30, 2015

    BERLIN (Reuters) - German Chancellor Angela Merkel told lawmakers on Tuesday that Germany could not consult on a new proposal from Athens ahead of the Greek referendum planned for Sunday so the country's bailout looks set to run out later in the day as expected, a source told Reuters. She was referring to reports of new offers from Greece, the participant said. (Reporting by Andreas Rinke; Writing by Michelle Martin; Editing by Madeline Chambers) More »

  • Merkel sees no new developments on Greece on Tuesday - sources Tue, Jun 30, 2015

    German Chancellor Angela Merkel told lawmakers she did not expect any new developments on Greece on Tuesday, appearing to dash hopes of a last-minute deal before the bailout programme expires at midnight, two participants at the meeting said. Merkel also said the consequences of the Greek crisis could be cushioned well and there was no need to fear the effects on the euro zone, said the participants. More »

  • Merkel says unaware of new European offer to Greece Tue, Jun 30, 2015

    BERLIN (Reuters) - German Chancellor Angela Merkel played down any hopes of a last-minute deal with Greece on Tuesday, just hours before its bailout deal expires, saying she was not aware of any new offer from the European Commission president. "This evening at exactly midnight central European time the programme expires. And I am not aware of any real indications of anything else," said Merkel at a news conference with Kosovo's prime minister. "Beyond this, it is clear that we will not close the channels of communication after midnight tonight ... ... More »

  • Merkel would back third bailout for Greece if deal reached - sources Mon, Jun 29, 2015

    BERLIN (Reuters) - German Chancellor Angela Merkel told lawmakers from the Social Democrats, her junior coalition partner, at a meeting on Monday she would back a third bailout package for Greece if an aid-for-reforms deal were struck with Athens, participants told Reuters. The insiders, who spoke to Reuters on condition of anonymity, added that Merkel also said she was confident a majority of conservative lawmakers would support the move. Merkel also signalled that she was ready to start talks with Athens on how to ease the country's debt burden, the participants said. ... More »

  • Hollande, Obama to work together on Greek crisis - Hollande's office Mon, Jun 29, 2015

    French President Francois Hollande and U.S. President Barack Obama agreed in a phone conversation on Monday to work together to help restart dialogue on a Greek aid-for-reforms package, an aide to Hollande said. Obama and German Chancellor Angela Merkel discussed Greece on Sunday, while U.S. Treasury Secretary Jack Lew talked with Greek Prime Minister Alexis Tsipras. More »

  • The Latest: Merkel says no reason to hold summit before vote
    The Latest: Merkel says no reason to hold summit before vote Mon, Jun 29, 2015

    The latest news on Greece's financial woes as it closes its banks and limits money withdrawals (all times local): ___ 4:15 p.m. German Chancellor Angela Merkel says she sees "no compelling reason" ... More »

  • Merkel says open to talks with Greece after referendum Mon, Jun 29, 2015

    German Chancellor Angela Merkel played down prospects of a breakthrough with Greece in the coming days, but said she stood ready to restart talks with the government in Athens after a planned referendum on Sunday. Speaking on Monday after a meeting of German party and parliamentary leaders in the Chancellery, Merkel also criticised the government of Prime Minister Alexis Tsipras for failing to compromise with its euro zone partners after receiving what she called a "generous" offer. Economy Minister and Vice Chancellor Sigmar Gabriel, standing alongside Merkel, said if Greeks voted against the bailout offer on Sunday, it would be a clear vote against staying in the euro. More »

  • The Latest: Merkel says Greek talks can resume after vote
    The Latest: Merkel says Greek talks can resume after vote Mon, Jun 29, 2015

    The latest news on Greece's financial woes as it closes its banks and limits money withdrawals (all times local): ___ 4:30 p.m. German Chancellor Angela Merkel says that if Greece wants to resume talks ... More »

  • Merkel warns 'if euro fails, Europe fails' as she urges 'compromise'
    Merkel warns 'if euro fails, Europe fails' as she urges 'compromise' Mon, Jun 29, 2015

    German Chancellor Angela Merkel gives a speech in Berlin, on June 29, 2015 More »

  • The Latest: Merkel indicates compromises needed on Greece
    The Latest: Merkel indicates compromises needed on Greece Mon, Jun 29, 2015

    The latest news on Greece's financial woes as it closes its banks and limits money withdrawals (all times local): ___ 1:50 p.m. German Chancellor Angela Merkel says that Europe must be able to find compromises ... More »

  • Germany says Greece is 'special case', goal is strong euro zone Mon, Jun 29, 2015

    BERLIN (Reuters) - Chancellor Angela Merkel's spokesman described Greece on Monday as a "special case" and said the German government's top priority was to ensure the strength of the euro zone. The spokesman, Steffen Seibert, also played down the prospects of a breakthrough in the Greece crisis before the country's second bailout programme expires on Tuesday, saying he did not expect a "dramatic turn" before then. (Reporting by Noah Barkin) More »

  • Merkel stands ready for further talks with Greek PM Mon, Jun 29, 2015

    German Chancellor Angela Merkel is willing to engage in further talks with Greek Prime Minister Alexis Tsipras if he wishes to do so, a government spokesman in Berlin said on Monday. "Of course, she stands ready for further talks with Prime Minister Tsipras, if he actually wants to," spokesman Steffen Seibert said during a regular news conference. More »

  • Merkel tells party it is up to Greece to move - sources Mon, Jun 29, 2015

    BERLIN (Reuters) - German Chancellor Angela Merkel told a leadership meeting of her Christian Democrats (CDU) on Monday that it was up to Greece to move in the reform standoff with its euro zone partners, according to participants. Merkel also told senior CDU colleagues that decisions on Greece could only be taken on a day-to-day basis given the current level of uncertainty, the participants said. (Reporting by Andreas Rinke; Writing by Noah Barkin; Editing by Michael Nienaber) More »

  • Insight - Cautious Merkel on verge of biggest risk with "Grexit"
    Insight - Cautious Merkel on verge of biggest risk with "Grexit" Mon, Jun 29, 2015

    By Noah Barkin BERLIN (Reuters) - "If you break it, you own it," former U.S. Secretary of State Colin Powell warned President George W. Bush before his invasion of Iraq. Whether it will ever be fair to blame Angela Merkel for "breaking" Greece is debatable. Unlike her finance minister, Wolfgang Schaeuble, who sent abundant signals in recent months that he could accept a euro zone that does not include Greece, Merkel has been determined to avoid such an outcome, according to her closest advisers. More »

  • Obama, Merkel say it is critical to work to keep Greece in euro zone Sun, Jun 28, 2015

    President Barack Obama and German Chancellor Angela Merkel spoke on Sunday and agreed that it is "critically important" to find ways to keep Greece in the euro zone, the White House said. "The leaders affirmed that their respective economic teams are carefully monitoring the situation and will remain in close touch," the White House said in a statement. More »

  • Across spectrum, German leaders condemn Greece's rejection of EU deal Sun, Jun 28, 2015

    German leaders right and left unleashed a barrage of criticism at Greece Prime Minister Alexis Tsipras on Sunday for rejecting an offer that could have unlocked rescue funds to resolve the debt crisis. Chancellor Angela Merkel's allies and the leaders of her centre-left coalition partners condemned Greece's leftist government, reflecting pent-up public frustration. Aside from the reform Communist Left party, which expressed support for Tsipras, German politicians used unusually strong language on Greece. More »

  • Merkel "holds keys in her hand" to save Greece, Varoufakis says Sun, Jun 28, 2015

    German Chancellor Angela Merkel holds the "keys in her hand" that could help Greece get a deal with its international lenders and avert a "terrible" outcome to its debt crisis, Greek Finance Minister Yanis Varoufakis has told the newspaper Bild. In an interview to appear on Monday, Varoufakis said Greece would not put forth any new proposals in talks with its lenders, and that it was now up to the European Union, European Central Bank and International Monetary Fund (IMF) to compromise. "The government leaders in the EU have to act," Varoufakis said. More »

  • Merkel invites party leaders to Greek crisis meeting on Monday Sun, Jun 28, 2015

    Chancellor Angela Merkel has invited leaders from all the major German parties to a crisis meeting at the Chancellery in Berlin on Monday to discuss the Greece crisis, a senior German official said. The official said that the chairmen and parliamentary leaders of all the parties represented in the German parliament, including the opposition Greens and Left, had been invited to attend the meeting. More »

  • Tsipras tells Hollande, Merkel that Greece will survive Sat, Jun 27, 2015

    Greek Prime Minister Alexis Tsipras told German Chancellor Angela Merkel and French President Francois Hollande on Saturday that Greeks "would survive", irrespective of a decision by euro zone finance ministers to extend an existing bailout programme. "Alexis Tsipras stressed that, whatever decision taken by the euro group, that the Greek people would have oxygen next week, and it will survive," a Greek government official said. Euro zone finance ministers on Saturday rejected requests by Greece for a brief extension of a financing programme that could allow it to beat a June 30 deadline for a 1.6 billion euro payment to the IMF. More »

  • Tsipras tells Hollande, Merkel that referendum will go ahead: source
    Tsipras tells Hollande, Merkel that referendum will go ahead: source Sat, Jun 27, 2015

    Greek Prime Minister Alexis Tsipras on Saturday told French President Francois Hollande and German Chancellor Angela Merkel that a July 5 bailout referendum will go ahead, a Greek government source said. More »

  • Merkel ally doesn't see scope for Greek extension beyond Tuesday Sat, Jun 27, 2015

    A senior German lawmaker in Chancellor Angela Merkel's conservative party told Reuters on Saturday that Greek Prime Minister Alexis Tsipras has "pulled the plug" himself with his call for a referendum and thus made it impossible for parliament to vote on any further Greek aid by the end of June. Gunther Krichbaum, chairman of the German parliament's Europe committee, also said that he doesn't see a majority in parliament for a proposal to extend the rescue efforts for Greece for another week, beyond June 30, to July 5. "With his announcement, Tsipras has pulled the plug himself," Krichbaum told Reuters. More »

  • Merkel faces Greek challenge with strong political capital
    Merkel faces Greek challenge with strong political capital Sat, Jun 27, 2015

    German Chancellor Angela Merkel has emerged undamaged from the global financial crisis, European bailouts, an astonishing U-turn on nuclear power and the crisis over Ukraine. Now, with the future of efforts ... More »

  • Greece To Hold Referendum On Bailout Extension
    Greece To Hold Referendum On Bailout Extension Sat, Jun 27, 2015

    Alexis Tsipras has hit out at controversial EU bailout extension deal as he announced plans for a referendum on the proposals. German Chancellor Angela Merkel urged Greece to accept the deal, describing it as "extraordinarily generous". In a televised address, Mr Tsipras said the Greek government had been asked to accept "unbearable burdens" that would hit the job market and force tax hikes on workers. More »

  • Germany to raise spending until end of decade thanks to balanced budget - government …
    Germany to raise spending until end of decade thanks to balanced budget - government … Fri, Jun 26, 2015

    The German government plans to boost spending every year until 2019 despite refraining from net new borrowing as Europe's largest economy rides high on a tide of surging tax revenues, government officials said on Friday. Chancellor Angela Merkel's government achieved a balanced budget for the first time since 1969 last year -- one year ahead of schedule and at a time when Germany is under international pressure to boost global growth by raising investment in items like infrastructure. At the same time as it avoids undertaking net new borrowing, the government plans to raise spending in 2016 by 3.4 percent on the year to 312.0 billion euros and also intends to hike spending by more than 2 percent every year after that up until 2019, the officials said. More »

  • Greece Crisis: PM Accuses Lenders Of Blackmail
    Greece Crisis: PM Accuses Lenders Of Blackmail Fri, Jun 26, 2015

    The Greek Prime Minister has accused his country's creditors of "blackmail" - and has vowed to fight for mutual respect from the European Union. Speaking in Brussels, Alexis Tsipras told reporters: "The European Union founding principles were democracy, solidarity, equality and mutual respect. Speaking briefly at the EU summit, German Chancellor Angela Merkel urged Greece to accept the deal, describing it as "extraordinarily generous". More »