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Monday, Mar. 22, 2010
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  The latest news
Merkel opens Pandora˘s Box
(New Europe) Mar 21, 2010
Workaholic, incorruptible Papandreou dangerously unpredictable...
Merkel gives Greece EU stability pledge
(Sydney Morning Herald) Mar 21, 2010
German Chancellor Angela Merkel told Greece's Prime Minister Georges Papandreou Sunday that the European Union would do "everything necessary" to preserve eurozone stability, her office said....
Greek drama reveals a more euro-cautious Germany
(Sydney Morning Herald) Mar 21, 2010
As Europe looks to Germany for answers on how to bail out debt-stricken Greece, Berlin has become ever more willing to defend its national interests rather than toe the European line, analysts said....
Has Germany just killed the dream of a European superstate?
(Telegraph.co.uk) Mar 21, 2010
So after weeks of Euro-bluff it looks ever more like an IMF rescue for Greece after all, and hence for any other eurozone nation driven to ruin by the wrong monetary policy....
Merkel says aid for Greece not issue at EU summit
(Business Week) Mar 21, 2010
German Chancellor Angela Merkel says Greece does not need any financial help and that EU leaders should not make aid for the indebted country an issue at their summit in Brussels next week....
Germany, EU at loggerheads over IMF role in Greece
(Business Week) Mar 19, 2010
Germany and the European Union were at loggerheads Friday after government officials said Berlin cannot rule out a Greek bailout from the International Monetary Fund, a solution Brussels is keen to avoid....
Germany underwhelmed by Greek IMF aid option
(Reuters) Mar 19, 2010
Germany on Friday softened its resistance to Greece's mounting debt woes being dealt with outside the European family, though it made clear it was at best lukewarm towards the notion of International Monetary Fund aid....
Greece should consider insolvency if cannot pay debt: German central banker
(Economic Times) Mar 19, 2010
Greece should be prepared to declare itself insolvent if it cannot repay its debts, a director of the German central bank said in remarks published Friday, signalling a hard line against help for heavily indebted EU countries....
Germany: IMF help for Greece not ruled out
(Business Week) Mar 19, 2010
Germany said Friday it isn't ruling out financial aid from the International Monetary Fund for Greece, but insisted no decision is needed now,...
German spies may target speculators
(Telegraph.co.uk) Mar 18, 2010
Germany takes its fear of financial speculators to new heights by suggesting it may deploy spies to monitor investors who target currencies....
France rebuffs Germany: no treaty changes for EU economic reform
(Earthtimes) Mar 18, 2010
Strengthening European Union economic governance and setting up aid mechanisms for Greece should not lead to an amendment of EU treaties, French Finance Minister Christine Lagarde said on Thursday, rejecting calls coming from Germany...
Greece, the euro, and the Battle of Jutland
(Telegraph.co.uk) Mar 18, 2010
Needless to say, it really doesn’t make any difference in the long-term whether Greece gets a bail-out or who provides the money. The country is not facing a liquidity crisis, it is facing an insolvency crisis....
Papandreou Seeks EU Aid Deadline, Challenging Merkel
(Business Week) Mar 18, 2010
Greek Prime Minister George Papandreou set a one-week deadline for the European Union to craft a financial aid mechanism for Greece, challenging Germany to give up its doubts about a rescue package....
Germany risks having tables turned in Greek debate
(MarketWatch) Mar 18, 2010
To hear Berlin tell it, you'd think they were the ones who the market was attacking on Greece's debt woes....
Talk on IMF solution picks up
(eKathimerini) Mar 18, 2010
Germany says Greece can work out its own problems; Petalotis admits that aid from Fund is an option...

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