Blog entry | May 21, 2012 - 10:38am
PARIS – When François Hollande, fresh from his election as France’s next president, was asked by a journalist which language he would use when he meets US President Barack Obama for the first time, his answer was revealing. “I speak English more fluently than the former president,” the Socialist leader insisted, referring to the outgoing Nicolas Sarkozy. “But a French president must speak French!”
PARIS – When François Hollande, fresh from his election as France’s next president, was asked by a journalist which language he would use when he meets US President Barack Obama for the first time, his answer was revealing. “I speak English more fluently than the former president,” the Socialist leader insisted, referring to the outgoing Nicolas Sarkozy. “But a French president must speak French!”
Article | May 21, 2012 - 5:54pm
“In the June election the Greek voters will choose to either remain in the euro area or exit from it”, the British Prime Minister David Cameron said from the United States, where he is attending the G8 and the NATO summits.
“In the June election the Greek voters will choose to either remain in the euro area or exit from it”, the British Prime Minister David Cameron said from the United States, where he is attending the G8 and the NATO summits.
Blog entry | May 20, 2012 - 10:32pm
Even from a business point of view, the spectacle of the newly appointed French President François Hollande running to Berlin, practically minutes after his official inauguration, was by itself a strong message; France is not to question the German prerogative in the European Union and of course in the Eurozone.
Article | May 17, 2012 - 11:06am
Following the Christian Democrats’ (CDU) defeat in North Rhine Westphalia in the state elections, the suggestions have been that resistance to Chancellor Merkel’s austerity measures are growing.
Following the Christian Democrats’ (CDU) defeat in North Rhine Westphalia in the state elections, the suggestions have been that resistance to Chancellor Merkel’s austerity measures are growing.
Article | May 16, 2012 - 12:55pm
Braving lightning, the new French President made his first official visit to Berlin
Even from a business point of view, the spectacle of the newly appointed French President François Hollande running to Berlin, practically minutes after his official inauguration, was by itself a strong message; France is not to question the German prerogative in the European Union and of course in the Eurozone.
Article | May 15, 2012 - 2:22pm
Following astounding victories in recent elections in North-Rhine Westphalia and France, European left decided to ambush German Chancellor Angela Merkel on 15 May.
Article | May 15, 2012 - 12:11pm
François Hollande was sworn in as president of France on 15 May to become the first Socialist to hold the highest post in the country in 17 years. Hollande announced that his first actions would be to name his prime minister and then to fly to Berlin for talks with German Chancellor Angela Merkel.
François Hollande was sworn in as president of France on 15 May to become the first Socialist to hold the highest post in the country in 17 years. Hollande announced that his first actions would be to name his prime minister and then to fly to Berlin for talks with German Chancellor Angela Merkel.
Article | May 15, 2012 - 8:03pm
According to French officials new President Francois Hollande's jet was hit by lightning en route to Berlin, as it was scheduled to have his first key talks with German Chancellor Angela Merkel.
The plane was forced to turn back to Paris as a precaution for inspection, Defense Ministry spokesman Gerard Gachet said.
Francois Hollande was transferred to another aircraft and took off few minutes later.
Article | May 14, 2012 - 3:02pm
European stock markets opened today deep in the red, mainly due to the political uncertainty reigning in Greece. The probability for Athens to have a government diminished during the weekend, with the country's political parties unable to bridge their differences.
European stock markets opened today deep in the red, mainly due to the political uncertainty reigning in Greece. The probability for Athens to have a government diminished during the weekend, with the country's political parties unable to bridge their differences. The formation of a coalition government now seems highly improbable in Athens.
Article | May 14, 2012 - 12:24pm
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
Article | May 14, 2012 - 11:59am
Ireland is likely to vote yes to a referendum on the fiscal compact, according to the latest polls, but a significant number of undecided voters mean that the government parties, which support the treaty, cannot afford to be complacent over the next two weeks.
According to a Red C/Sunday Business Times poll, the yes side is standing at 53%, which is a 6 point rise, with the no side at 31%. About 16% are undecided.
Article | May 14, 2012 - 10:55am
Christian Democrats of German Chancellor Angela Merkel suffered another electoral defeated on 13 May, this time in country’s most populous state of North Rhine-Westphalia. With this lose, Merkel's CDU party continued a series of bad results in regional elections.
Christian Democrats of German Chancellor Angela Merkel suffered another electoral defeated on 13 May, this time in country’s most populous state of North Rhine-Westphalia. With this lose, Merkel's CDU party continued a series of bad results in regional elections.
Blog entry | May 13, 2012 - 11:26pm
The day after he is to take the oath as president of France, François Hollande, is expected to travel to Berlin on 16 May to meet the German, Chancellor Angela Merkel.
Article | May 13, 2012 - 10:03pm
On 10 May, German Chancellor Angela Merkel said that Ukraine was a "dictatorship" and likened it to authoritarian and isolated Belarus. Merkel has been an outspoken critic of Ukrainian President
On 10 May, German Chancellor Angela Merkel said that Ukraine was a "dictatorship" and likened it to authoritarian and isolated Belarus. Merkel has been an outspoken critic of Ukrainian President
Viktor Yanukovich for his treatment of jailed opposition leader
Article | May 11, 2012 - 4:39pm
Chancellor Angela Merkel speaking at the German Bundestag has appeared uncompromising in her position that whatever plan is to be discussed over enhancing Eurozone's growth potential, cannot be financed with borrowed money and more government budget deficits.
Chancellor Angela Merkel speaking at the German Bundestag has appeared uncompromising in her position that whatever plan is to be discussed over enhancing Eurozone's growth potential, cannot be financed with borrowed money and more government budget deficits.
Article | May 9, 2012 - 11:04am
Article | May 6, 2012 - 10:07pm
On 3 May, German Chancellor Angela Merkel urged Ukrainian leaders to allow jailed former prime minister and opposition leader Yulia Tymoshenko proper treatment for her ailments.
Article | April 30, 2012 - 3:42pm
Mistreatment of the imprisoned former Ukrainian Prime Minister Yulija Tymoshenko is threatening the failure of the forthcoming European football championship, which is to take place this summer in Poland and Ukraine.
Following the series of allegations of ill-treatment of Tymoshenko, German Chancellor Angela Merkel is apparently considering a boycott of 2012 Eurocup and the Environment Minister Norbert Roettgen said the government should not visit Ukraine during the tournament.
Article | April 29, 2012 - 9:05pm
Turkey’s Economic Minister Zafer Caglayan recently criticised European leaders for their failure to resolve the eurozone sovereign debt crisis, saying their failure has yield negative repercussions on Ankara’s growth, news agencies reported.
Turkey’s Economic Minister Zafer Caglayan recently criticised European leaders for their failure to resolve the eurozone sovereign debt crisis, saying their failure has yield negative repercussions on Ankara’s growth, news agencies reported.
The Turkish minister said in Washington that Europe is obviously in deep trouble economically and two leaders in Europe, the German Chancellor Angela Merkel and French President Nicolas Sarkozy, did not show much resistance.
Article | April 26, 2012 - 10:48am
Chinese Premier Wen Jiabao ends on 26 April his European tour with a two-day visit to Poland, where he will participate at a China-Central Europe regional trade and investment summit of heads of government.
Article | April 25, 2012 - 2:28pm
It is not only François Hollande who asks for a new growth chapter in the strategy to counter the Eurozone's problems.
One after the other, major financial organisations and top economists, actively engaged in the efforts to counter the Eurozone's debt crisis, now seem to advocate more growth and centripetal oriented policy proposals to restore growth in Eurozone and not only in Germany.
Article | April 22, 2012 - 10:18pm
Volkswagen is to invest around €14bn in a new factory in China, with an official announcement and contract signing last Monday, in the presence of Chancellor Angela Merkel and Chinese Premier Wen Jiabao, The Local reported on 18 April.
Volkswagen is to invest around €14bn in a new factory in China, with an official announcement and contract signing last Monday, in the presence of Chancellor Angela Merkel and Chinese Premier Wen Jiabao, The Local reported on 18 April.
The Handelsblatt reported last Wednesday that the €14bn would be invested over the next four years – to enable Volkswagen to meet increasing Chinese demand.
Article | March 29, 2012 - 2:37pm
The Eurozone is set to decide the overall amount it is willing to set aside for a financial firewall
This weekend, the Eurozone is set to decide the overall amount its 17 member states, mainly Germany, are willing to set aside for a financial firewall to protect the money zone, from its present and future sovereign debt problems.