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Migrant influx dwarfs Greek debt crisis
This handout photo made available by public broadcaster ZDF television channel shows German Chancellor Angela Merkel (L) during recording of the “Summer Interview” with ZDF’s Bettina Schausten in a studio in Berlin on August 16, 2015.
German Chancellor Angela Merkel says the issue of migrants coming to Europe could become a bigger challenge for the European Union than the Greek debt crisis.
Speaking...
Germany rules out Greek debt writedown
German Finance Ministry spokesman Martin Jaeger.
Germany has ruled out any restructuring of Greece’s debt to international creditors, despite a report by the International Monetary Fund (IMF) which shows the cash-strapped country is in dire need of debt cancellation.
An analysis by the IMF, which was released in Washington on Thursday, showed that Greece needed an extra EUR 50 billion (USD 56 billion)...
German Parliament Backs Second Bailout for Greece
Finance minister urges MPs to support deal and pledges that investors will share burden.
German Finance Minister Wolfgang Schaeuble told his country’s Parliament on Friday that MPs had a duty to approve a new aid package for Greece and that private creditors must carry some of the burden.
Agence France-Presse reported that in an impassioned speech to deputies who later approved a non-binding motion...
Greece rocked by riots as up to 60,000 people take to streets to protest against government
Street clashes broke out between rioting youths and police in central Athens today as tens of thousands demonstrated during a nationwide strike against the cash-strapped government.
Hundreds of masked and hooded youths punched and kicked motorcycle police, knocking several off their bikes, as police responded with volleys of tear gas and stun grenades.
The violence spread after the end of the march...