Word: angela
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Dates: during 2000-2009
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...targeted for extinction. And on Thursday, Wiesel, a Jewish victim of a German extermination campaign, stood at the gate of the camp that took his father's life, next to the current leader of the nation that once tried to exterminate his people. After speaking, he kissed German Chancellor Angela Merkel on both cheeks...
...deal, which prevents German taxpayers' money from disappearing into the GM's all but empty coffers in the U.S., was a lifeline few Germans had expected. In the past, Chancellor Angela Merkel's conservative CDU party has steered clear of state intervention in the economy. But as the global downturn took its toll on German firms and the financial crisis brought a few major banks to its knees, Merkel has embarked on a big U-turn. First, there was the bail-out of the property lender Hypo Real Estate, then the part-nationalization of Germany's second biggest bank, Commerzbank...
...Economy Minister Karl-Theodor zu Guttenberg, a conservative politician from Angela Merkel's sister CSU party, criticized the deal to save Opel and apparently threatened to resign on Friday night when he was over-ruled. Guttenberg, a rising star in Merkel's coalition government, controversially suggested Opel should go into an "orderly insolvency" and he accused the government of risking billions for a short-term solution. "There is the danger the state could be blackmailed if it is too generous with state help even on one occasion," Guttenberg told the Welt am Sonntag newspaper on Sunday...
...Chancellor got her way. On Saturday, a beaming Angela Merkel held a news conference in Berlin to announce the breakthrough. There was no hiding her delight, and relief. "The deal is a real chance for Opel workers," Angela Merkel said. "The workers aren't responsible for this crisis. The mismanagement at GM in the U.S. was to blame," she said. (Read about Merkel in the TIME...
...effectively grabbed control of efforts to save GM's Opel and Vauxhall operations, which GM's board in Detroit this week centralized under Opel's control. But Belgium and the U.K. are no longer willing to just follow Berlin's lead. Politicians and union leaders there fear that Chancellor Angela Merkel, facing re-election in September, is preparing a deal that would save GM jobs in Germany at the expense of plants in their countries. (See 10 milestones on the road to GM's bankruptcy...