The FT reports that German Bundesbank President Axel Weber has said that proposals, announced by the German Finance Ministry and backed by Chancellor Angela Merkel, for the creation of a European Monetary Fund (EMF) are “not helpful” and are “a sideshow that will distract from the necessary consolidation” of budget deficits in struggling countries such as Greece.
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OpenEurope on 10th Mar 2010 (via openeurope.org.uk)
For someone who had just finished 16 hours of intensive talks on a rescue package for Greece and the eurozone, German chancellor Angela Merkel seems to find little to faze her
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FT on 22nd Jul 2011 (via ft.com)
The FT and WSJ report that Germany is leaning towards involving the IMF in a potential Greek bailout, with the WSJ quoting a senior German official saying that Angela Merkel is “open to a financial participation by the IMF” in any aid package for Greece.
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OpenEurope on 19th Mar 2010 (via openeurope.org.uk)
The front page of FT Deutschland reports that German Chancellor Angela Merkel is actively working for a Greek default. The paper quotes a government source saying, “That's what we are pushing for.” In an interview with FAZ yesterday, German Finance Minister Wolfgang Schäuble suggested that bigger write downs for Greek bondholders may be needed under the second Greek bailout p...
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OpenEurope on 10th Oct 2011 (via openeurope.org.uk)
The Weekend FT reported that, following her meeting with Greek PM George Papandreou on Friday, German Chancellor Angela Merkel pledged to do “everything in order to stabilise the euro, our common currency”, but stopped short of making any financial commitment to support Greece.
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OpenEurope on 8th Mar 2010 (via openeurope.org.uk)
Following yesterday’s phone conference with Greek Prime Minister George Papandreou, French President Nicolas Sarkozy and German Chancellor Angela Merkel said in a joint statement that they were “convinced that the future of Greece is in the euro area”, in a further bid to dismiss talk of Greece being forced to leave the eurozone.
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OpenEurope on 15th Sep 2011 (via openeurope.org.uk)
Germany will urge European Union leaders to agree that International Monetary Fund (IMF) and bilateral European aid could be used as a "last resort" for Greece if it reached the brink of insolvency, Chancellor Angela Merkel said on 25 March.
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EurActiv on 25th Mar 2010 (via euractiv.com)
Angela Merkel, Nicolas Sarkozy and George Papandreou are in crisis talks about Greek debt. There are rumours that they are preparing an "orderly default" for Greece. But, officially, Merkel is still pressing ahead with implementing the existing Greek debt deals. This meeting also has a domestic context for Merkel. According to the FT, she is determined to stamp on the growing disqui...
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Spectator on 14th Sep 2011 (via spectator.co.uk)
Following a tense meeting yesterday with German Chancellor Angela Merkel and French President Nicolas Sarkozy, Greek Prime Minister George Papandreou confirmed that the referendum he surprisingly announced on Monday would effectively decide on whether Greece would remain in the eurozone.
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OpenEurope on 4th Nov 2011 (via openeurope.org.uk)
German Chancellor Angela Merkel yesterday tried to dismiss talk of an imminent Greek default and rejected suggestions that Greece could soon be leaving the eurozone. In an interview with German radio station RBB, she warned, “Everyone should weigh their words very carefully…I have made my position very clear that everything must be done to keep the eurozone together politically,&rdquo...
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OpenEurope on 14th Sep 2011 (via openeurope.org.uk)