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Channel NewsAsia
| 1 year ago
Greek political leaders reacted angrily on Saturday to a suggestion, attributed to German Chancellor Angela Merkel, that the country hold a referendum on euro membership alongside an election next month. The chancellor's move -- despite a denial by...
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Mail Online UK
| 1 year ago
18 May 2012 Robert Chote, head of the Office for Budget Responsibility, said Greek withdrawal could spark a rerun of the dramatic lending squeeze Britain may be plunged into a recession and repeat of the credit crunch from which it will never' fully...
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Russia Today
| 1 year ago
As the Spanish economy shows signs of a deeper recession, EU authorities argue whether budget cuts or money injection would solve the crisis. But neither of them is a solution, according to Roland Nash from Verno Capital...Published: 18 May, 2012, 23:...
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MarketWatch
| 1 year ago
Germany's chancellor reportedly proposed on Friday that Greece hold a referendum on its membership in the euro currency area, increasing pressure on the nation just as Group of Eight leaders are set to discuss the region's debt crisis this weekend.
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Pak Tribune
| 1 year ago
The German government has approved a substantial USD 190 million contribution annually to bankroll an Afghan Army, post withdrawal of foreign forces in 2014 from the war-torn country. German Chancellor Angela Merkel yesterday pledged EUR 150 million (...
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MarketWatch
| 1 year ago
A White House official said Thursday that this weekend's Group of Eight meeting will try to bridge the gap between Europe's leaders amid intensifying tensions in the euro zone. Officials spoke as the euro-zone crisis seemed to pick up speed and...
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International Business Times
| 1 year ago
Chancellor Angela Merkel is in a "high level of agreement" with French President Francois Hollande, British Prime Minister David Cameron and Italian Prime Minister Mario Monti that both fiscal consolidation and growth are needed, her spokesman said.
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Reuters
| 1 year ago
Topics German Chancellor Angela Merkel makes a statement at the Chancellery in Berlin, May 16, 2012. Chancellor Angela Merkel is in a "high level of agreement" with French President Francois Hollande, British Prime Minister David Cameron and Italian...
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Voice of America
| 1 year ago
France's new president, Francois Hollande, is heading to the United States (Friday) just days after taking office...Francois Hollande took office this week, promising to unify France and help fix its economic problems...Hours after his swearing-in...
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International Business Times
| 1 year ago
French Finance Minister Pierre Moscovici said on Thursday his government would not support the European Fiskalpact on budget discipline in its current form, landing a further blow to the German-led consensus on austerity measures. Share This Story...
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Russia Today
| 1 year ago
German Chancellor Angela Merkel left little ground to hope she would abandon or moderate the austerity program for Europe as she warned that growth on new loans would push the EU into deeper crisis...We're firm on this," Moscovici told France's BFM...
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The Idaho Statesman
| 1 year ago
Since the euro crisis began, a Berlin housing boom has seen rents rise by 70 percent in posh districts, and 23 percent even in dicey areas. And this newly forming housing bubble is just one of many signs that the fortunes of Germany and the eurozone...
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Chinadaily
| 1 year ago
If Greece is forced to leave the eurozone "it will be the first domino to fall and panic will soon spread to other countries such as Portugal, Ireland and Spain", Liu said. China should also plan in advance to protect euro assets which account for 10...
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International Business Times
| 1 year ago
Wednesday , in what appeared to be an attempt to relax an increasingly tense situation. If Greek officials are looking for stimulus to be pursued for growth in the euro zone, which we could pursue in the interest of Greece, we're open for this,...
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Telegraph India
| 1 year ago
Currency exit fears spark withdrawals Athens/Berlin, May 16 (Reuters): Greeks are voting with their wallets and pulling euros out of the banks in fear that their country may leave the European single currency despite the declared determination of EU...
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Voice of America
| 1 year ago
VOA News May 16, 2012 New French President Francois Hollande is putting the pieces in place to forge ahead with "a new path" for the European economic power. Aides announced Wednesday the formation of the new French Cabinet, one day after the...
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Sydney Morning Herald
| 1 year ago
I think it is better for Greece in the long run and certainly better for the euro zone. Greece yesterday called a new election after President Karolos Papoulias failed to broker a governing coalition in meetings yesterday with Pasok party head...
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Voice of America
| 1 year ago
With eyes firmly focused on the eurozone's debt crisis and its threat to global recovery, leaders of the Group of Eight (G8) major industrialized nations are preparing to meet Friday at Camp David, near Washington. European Union leaders are...
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Guardian Unlimited
| 1 year ago
Germany's chancellor Angela Merkel and new French president Francois Hollande during a press conference in Berlin on 15 May. Photograph: Sven Simon/Imago/i-Images When Germany's chancellor Hannelore Kraft met France's president Francois Hollande in a...
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The Guardian
| 1 year ago
Lightning prevents planes from taking off in Johannesburg, South Africa. Photograph: Dan Kitwood Those of a nervous disposition when it comes to flying will not have enjoyed the news that France's freshly inaugurated president was forced to return to...
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The Economic Times
| 1 year ago
If this was Hollywood, the lightning strike that forced new French president Francoise Hollande's plane back to Paris on his way to Berlin almost immediately after being sworn in, would be symbolic of the mayhem in Europe on Wednesday. Markets went...
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The New Zealand Herald
| 1 year ago
Thursday May 17, 2012 Like strangers forced into an arranged marriage but hoping it will bring true love, Chancellor Angela Merkel of Germany and French President Francois Hollande put on a show of goodwill and mutual respect at a crisis summit...
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The Hindustan Times
| 1 year ago
As Greece headed for a fresh election after the last attempt to form a government failed in Athens, new French President Francois Hollande and German chancellor Angela Merkel have voiced their support for the debt-stricken nation to remain in the...
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Euractiv
| 1 year ago
Hollande, Merkel seek to paper over differences Published 16 May 2012 Hollande's first trip to Berlin started on the wrong foot as lightning hit the plane of the French president, forcing him to return to Paris and take a smaller jet, which finally...
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Christian Science Monitor
| 1 year ago
ments Hollande takes power in France amidst lightning After he assumed the presidency in a Paris ceremony, the new French president headed for Germany to meet with Chancellor Angela Merkel. By Greg Keller and Sylvie Corbet, The Associated Press /...
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Toronto Star
| 1 year ago
German Chancellor Angela Merkel greets the new French Fresident Francois Hollande at the German Chancellery on Friday in Berlin. French President Francois Hollande declared Tuesday that he wanted to renegotiate Europe's response to its economic...
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Russia Today
| 1 year ago
58 German Chancellor Angela Merkel (L) and the new French president Francois Hollande gesture after addressing a press conference at the German Chancellery on May 15, 2012 in Berlin (AFP Photo / J. Despite their major differences, France's newly-...
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Mail Online UK
| 1 year ago
To top it all, there was even a whiff of scandal, as his appointment of Jean-Marc Ayrault, convicted of corruption in the 1990s, as prime minister was met with raised eyebrows. With France and much of Europe looking on at the newcomer, Mr Hollande's...
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Turks and Caicos Free Press
| 1 year ago
Socialist Francois Hollande assumed France's presidency Tuesday, inheriting a country fearful for its financial future and jetting off immediately to Berlin to tackle his most pressing problem: Europe 's debt crisis. A flash of lightning nearly...
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Epoch Times
| 1 year ago
May 15, 2012 French President Francois Hollande and German Chancellor Angela Merkel (not pictured) speak to the media in Berlin, Germany following talks at the Chancellery hours after Hollande's inauguration in Paris on May 15. (Sean Gallup/Getty...
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International Business Times
| 1 year ago
New French President Francois Hollande and German Chancellor Angela Merkel acknowledged differences on Tuesday over how to boost growth in recession-plagued Europe, but pledged to work together on a joint approach in time for a summit next month.
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Guardian Unlimited
| 1 year ago
Fabrizio Bensch/Reuters It was a dramatic arrival, but arrive Francois Hollande did. Not even a lightning strike on his plane was enough to stop France's new president from keeping his date with destiny. As he stepped out of his Mercedes to be...
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Voice of America
| 1 year ago
VOA News May 15, 2012 New French President Francois Hollande has met with German Chancellor Angela Merkel in Berlin, shortly after his inauguration as France's first Socialist leader in 17 years. During their first official meeting, the two leaders...
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The Courier-Mail
| 1 year ago
Francois Hollande was sworn in as France's new president, his plane was hit by lightning as he flew to Berlin and he was forced to temporarily return to Paris. Mr Hollande then switched planes and left a second time for crucial talks with German...
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Guardian Unlimited
| 1 year ago
Francois Hollande used his Elysee palace inauguration to set himself apart from the politics and celebrity style of his predecessor Nicolas Sarkozy. Photograph: Patrick Kovarik/AFP Francois Hollande , France's first Socialist leader in nearly 20...
