Germany

German Finance Minister Wolfgang Schaeuble suggested on Wednesday that his country may be prepared to show flexibility on Greece's fulfilment of its bailout terms if there are obstacles that are beyond Greece's control, Reuters reported. Greek ...

Daily Headline - global.abi.org - 10/24/2012 - 20:53 - 0 comments

The European Union summit that ended Friday suggested Germany and France, always awkward partners in managing the three-year-old euro crisis, are increasingly at odds over how to resolve it, The Wall Street Journal reported. The summit produced a tor ...

Daily Headline - global.abi.org - 10/21/2012 - 20:15 - 0 comments

Germany is proposing to toughen Greece’s access to international aid by setting up an escrow account outside its reach to guarantee payments of interest and debt to creditors, a government official said, Bloomberg reported. Finance Minister Wolfgang Scha ...

Daily Headline - global.abi.org - 10/18/2012 - 22:43 - 0 comments

German ship owners have called for a state bailout as the sector continues to struggle with overcapacity, rising fuel costs and hard-pressed banks pulling back from lending to the industry, Reuters reported. The global shipping crisis has hit Germany par ...

Daily Headline - global.abi.org - 10/14/2012 - 22:33 - 0 comments

High-level splits over the handling of the eurozone crisis burst into the open on Thursday when Germany’s finance minister rebuked the head of the International Monetary Fund after she warned that EU leaders should ease demands for tighter austerity in p ...

Daily Headline - global.abi.org - 10/11/2012 - 21:23 - 0 comments

German Chancellor Angela Merkel, making her first visit to Athens since Europe's debt crisis began in late 2009, on Tuesday said she saw "light at the end of the tunnel" for Greece as the debt-stricken country battles through a painful aus ...

Daily Headline - global.abi.org - 10/09/2012 - 21:07 - 0 comments

Consultations Amendment Act Financial Markets 2014 and System-Relevant Buffer On 20 September 2012 the consultation document for the Amendment Act Financial Markets ...

Resource Article - abi_editor - 10/04/2012 - 10:22 - 0 comments - 1 attachment

Spain is ready to request a euro zone bailout for its public finances as early as next weekend but Germany has signaled that it should hold off, European officials said on Monday. The latest twist in the euro zone's three-year-old sovereign debt cri ...

Daily Headline - global.abi.org - 10/01/2012 - 21:54 - 0 comments

Spanish discount supermarket chain Dia is to acquire the Spanish and Portuguese arms of insolvent German drugstore chain Schlecker, it said on Friday, to diversify its product range and expand its presence in the two countries, Reuters reported. Dia has ...

Daily Headline - global.abi.org - 09/30/2012 - 22:01 - 0 comments

Sanicare, Germany's largest mail-order pharmacy, has filed for insolvency due to problems that have arisen following the recent death of its founder and head, the company said on Wednesday, Reuters reported. A statement said the insolvency was for t ...

Daily Headline - global.abi.org - 09/26/2012 - 21:52 - 0 comments