Word: merkel
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Dates: during 2010-2019
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...trip to China. But the U.S. President's decision to skip the Spain summit, and his failure to attend the 20th anniversary of the fall of the Berlin Wall, has had Europe acting like a jilted lover. French press reported that Sarkozy was forced to console an upset Merkel ahead of the Wall ceremony by painting Obama as a distant being whose presence would not be missed. "If you make a really big effort, he'll send you a letter," Sarkozy said, according to newsweekly Le Point. "And if you get on your knees, he'll add 'Yours Truly...
...Athens' oft-intemperate mayor, Nikitas Kaklamanis, who upped the ante by invoking the ghosts of Greece's war dead: "Ms Merkel, you owe us for Kalavryta, you owe us for Distomo, you owe us ?70 billion ($95 billion) for the ruins you left us," he said, referring to two World War II incidents in which hundreds of Greeks were massacred in reprisal attacks by German soldiers. See the top 10 financial-crisis buzzwords...
Speaking to the E.U. leaders attending the summit - including Angela Merkel of Germany, Nicolas Sarkozy of France and Gordon Brown of Britain - Van Rompuy said the 16 countries in the euro zone had a "shared responsibility" for economic stability and would take "coordinated and determined" action to safeguard financial stability. But Van Rompuy was also stern about what was expected from Greece: it must reduce its budget deficit (which now exceeds 12.7% of GDP) in an "effective and determined manner." Athens now faces stringent oversight as it attempts to balance its finances: after years of receiving dodgy statistics from...
...would put its finances in order. Earlier in the day, Otmar Issing, the German former chief economist of the European Central Bank, said the Greeks enjoyed "one of the most luxurious pensions systems in the world" and that it was unreasonable to expect German taxpayers to fund it. Merkel's message of support included a hint of steel. Greece "will not be left on its own, but there are rules, and these rules must be adhered to," she said...
...Read "For Germany's Merkel, a Terrible Start to the Year...