Search Results for: German Chancellor Angela Merkel
Draghi Says ECB Measures Could Include Buying Government Bonds
November 18th, 2014
Mario Draghi has explicitly cited government-bond buying as a policy tool officials could use to stimulate the economy should the outlook worsen. “Unconventional measures might entail the purchase of a variety of assets, one of which is sovereign bonds,” the ...
Euro zone to avoid recession, stagnation risks remain: EU Commission
November 4th, 2014
The euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, calling on Germany to help as Chancellor Angela Merkel again rejected a spending spree. The EU executive ...
Twenty-four European banks fail financial stress tests
October 27th, 2014
One in five European banks have failed crucial tests of their financial strength, leaving a €25bn (£19.6bn) capital hole in the continent’s banking system at a time of renewed fears that the five-year long eurozone crisis may be flaring ...
EU leaders agree to cut greenhouse gas emissions by 40% by 2030
October 24th, 2014
European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030. But key aspects of the deal that will form a bargaining position for global ...
Bloc in Europe Starts to Balk Over Austerity
October 17th, 2014
France, Italy and the European Central Bank have coalesced into a bloc against Chancellor Angela Merkel of Germany, and they are insisting that Berlin change course. With Europe once again rattling global markets, many of the largest European countries ...
In Court, Lawyer Calls E.C.B. Bond Plan ‘an Egregious Extension’ of Powers
October 14th, 2014
In legal news, Europe’s highest appeals court began hearing arguments on Tuesday morning on a suit that aims to block a European Central Bank bond-buying program that has never been deployed — but whose mere announcement two years ago ...
EU Practiced Its Russian Sanctions in Cyprus
July 30th, 2014
Europe’s new financial sanctions against Russia will be among the first meaningful ones the West has introduced since the Ukraine crisis started. But punishing rich Russians is not exactly new territory for the EU — it has been doing ...
Russia faces more sanctions from the U.S. and Europe
July 29th, 2014
The United States and Europe have unitedly decided to increase the economic sanctions against Russia since they fear that Moscow might be planning an invasion in Ukraine soon. After months in which European leaders resisted going as far as ...