Angela Merkel

Three young German tourists, who were having their holidays at Hersonissos in the Greek island Crete, Greece, were reportedly beaten by a group of Cretans, another incident of violence on the island which has seen a spate of rapes...

The budget committee of Germany΄s lower house of parliament, the Bundestag, did not block the payment of the next sub-tranche of E2.5 billion aid to Greece Monday under the EU-IMF rescue programme, Norbert Barthle, the budget speaker of Chancellor...

German Finance Minister Wolfgang Schaeuble, whose country has insisted on harsh austerity measures in Greece in return for being the biggest contributor to $325 billion in two bailout loans, said that Berlin is not hiding the real costs to...

Fresh on the heels of the Eurozone approving another 4 billion euros ($5.3 billion) in loans and aid, a European Commission official acknowledged that Greece faces a funding gap of some 3.8 billion euros ($5.04 billion) next year but...

In a continuation of the constant cat-and-mouse game it plays with Greece, Eurozone officials on July 26 approved the release of a briefly-delayed 2.5 billion euro ($3.31 billion) overdue loan installment after the government approved amendments to complete its...

Just in case the Greek government didn't get the message delivered in person by German Finance Minister Wolfgang Schaeuble during an 11-hour visit to Athens that there would be no imposing losses on the country's lenders - Germany being...

German Chancellor Angela Merkel rejected a second Greek debt writedown as officials weigh additional measures to prop up the bailed-out nation. “I’ve said repeatedly that I don’t see a debt cut for Greece,” Merkel told reporters in Berlin today at...

Dismissing burgeoning black holes in the economy because of setbacks in privatization and debt in the state health insurer EOPYY that could add up to more than two billion euros ($2.6 billion) Greek Finance Minister Yannis Stournaras said his...

As Greek Prime Minister Antonis Samaras continues to enjoy good relations with German Chancellor Angela Merkel, whose country is footing much of the bill for two international bailouts of Greece but who has insisted on austerity measures in return,...

With evidence growing that Greece may never be able to pay the $325 billion it borrowed from international lenders to keep the economy afloat, German Chancellor Angela Merkel and her Finance Minister Wolfgang Schaeuble have rejected any notion that...