German lawmakers back Angela Merkel on Greece bailout plan

Last Updated: Friday, July 17, 2015, 17:56

German lawmakers gave Chancellor Angela Merkel the green light Friday to resume talks on a new EU-IMF bailout deal for Greece, after she passionately argued it was the last chance to prevent "chaos" in the crisis-hit country.

Back Greek talks or face chaos, Merkel tells German lawmakers

Last Updated: Friday, July 17, 2015, 15:41

Chancellor Angela Merkel called on German lawmakers on Friday to back negotiations for a third Greek bailout, saying the alternative was chaos and that suggestions Athens might leave the euro temporarily wouldn`t work.

IMF`s Lagarde urges debt restructuring for Greece

Last Updated: Friday, July 17, 2015, 12:43

IMF Managing Director Christine Lagarde said on Friday the Fund was ready to participate in what she called a "complete" package to put the Greek economy back on its feet, make its debt sustainable and allow it to get its funding from financial markets.

Germany to vote on Greek bailout in crucial test for deal

Last Updated: Friday, July 17, 2015, 11:36

Germany`s parliament prepared to vote on a fresh Greek bailout Friday, a crucial test of support for the deal after ECB boosted emergency aid to the crisis-hit country and eurozone nations agreed to crucial short-term funding.

IMF calls for Greece debt relief as Germany talks tough

Last Updated: Tuesday, July 14, 2015, 22:17

The IMF`s stark warning on Athens` debt was leaked as Greek Prime Minister Alexis Tsipras struggled to persuade deeply unhappy leftist lawmakers to vote for a package of austerity measures and liberal economic reforms to secure a new bailout.

German investor sentiment slips, but outlook still positive: ZEW

Last Updated: Tuesday, July 14, 2015, 15:43

Investor sentiment in Germany fell to its lowest level in eight months in July, but the outlook for Europe`s biggest economy remains positive, a leading survey found on Tuesday.

Greek deal 'not possible without Franco-German alliance'

Last Updated: Monday, July 13, 2015, 20:04

The alliance between France and Germany had been "crucial" in reaching a historic bailout deal with Greece after marathon EU talks, the foreign ministers of the two countries said Monday.

Luxembourg warns Germany of catastrophe if it pushes for Grexit

Last Updated: Sunday, July 12, 2015, 17:08

Luxembourg`s foreign minister has made an impassioned plea for Germany to avoid a Greek exit from the euro, warning Berlin of a catastrophic schism with France if it pushes for Athens to leave the currency union.

Germany mulls five-year 'temporary' Greece exit plan from Eurozone

Last Updated: Saturday, July 11, 2015, 23:05

Germany has drawn up plans for a temporary five-year Greek exit from the euro if it fails to improve its bailout proposals, a European source told AFP Saturday as eurozone finance ministers met in Brussels.

Merkel insists Greece debt haircut 'out of the question'

Last Updated: Friday, July 10, 2015, 00:26

German Chancellor Angela Merkel reiterated Thursday that she opposes a debt "haircut" for Greece, a day after IMF chief Christine Lagarde called for debt restructuring for the crisis-hit country.

German trade surplus widens in May as exports rise

Last Updated: Thursday, July 9, 2015, 13:22

The previous month, the trade surplus had amounted to 21.5 billion euros.

'Grexit' scenario threatens to tarnish Angela Merkel's legacy

Last Updated: Wednesday, July 8, 2015, 17:56

Chancellor Angela Merkel`s tough stance on Greece plays well with German voters but carries a huge risk, analysts warn -- history would likely blame her for a catastrophic "Grexit".