German Finance Minister Olaf Scholz said on Thursday (11 October) he did not expect Italy to need aid to deal with its debt pile. Any intervention by the European Central Bank would require Italy to formally apply for a rescue programme, sources said.
The European Commission should consider increasing the proposed rates in the controversial digital tax plans, MEPs from the European Parliament's Economic and Monetary Affairs committee suggested on Tuesday (9 October).
A European Union tax overhaul to raise levies on large digital firms needs a thorough debate although an agreement could still be found by the end of the year, Germany's Finance Minister Olaf Scholz said on Saturday.
Germany's finance minister on Wednesday (20 June) defended a euro zone reform blueprint agreed with France against criticism by Chancellor Angela Merkel's conservatives that it could undermine monetary stability.
The leaders of France and Germany’ will meet in Berlin on Tuesday (19 June) for a preparatory summit ahead of the European Council at the end of the month. But the two countries continue to hold different views on the subject of the economy. EURACTIV.fr reports.
Populist forces in Italy are “playing with fire” and exposing the country to market pressure, vice-president of the Socialist Group in the European Parliament Maria João Rodrigues warned in an interview.
German Chancellor Angela Merkel said yesterday (12 March), two days before she is to launch her new government, that she will pay a quick visit to French President Emmanuel Macron to discuss EU reform proposals.
Germany's Social Democrats (SPD) decisively backed another coalition with Chancellor Angela Merkel's conservatives on Sunday (4 March), clearing the way for a new government in Europe's largest economy after months of political uncertainty.
German Social Democratic leader (SPD) Martin Schulz resigned on Tuesday (13 February), hoping to end turbulence that has rocked the centre-left party since it agreed a coalition deal with Chancellor Angela Merkel's conservatives.