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Finance Germany Latest Information
Euro finance ministers scrap meeting By Demetris Nellas,Derek Gatopoulos, The Associated Press ATHENS, Greece - Greece is under heavy pressure from its creditors to implement further austerity and structural measures if it wants to get a ... Germany: no public contribution to Greek haircut Germany's finance minister says he sees no need for a public-sector contribution to cutting Greece's debt load as the country works toward a deal with its private creditors, and is insisting that Athens put promised reforms on track to get a second bailout. Euro finance ministers scrap talks BRUSSELS: Eurozone finance ministers scrapped plans to meet on Monday as talks on a deal to restructure Greece's massive debt dragged on, but could gather later next week if agreement is reached. Germany's Kampeter on Greece, Germany, Commerzbank, Jan. 31 Feb. 1 (Bloomberg) -- Germany's Deputy Finance Minister Steffen Kampeter discusses the outlook for Greece's debt negotiations, the benefits of the monetary union to the German economy and the prospects for the European Banking Authority accepting Commerzbank AG's recapitalization plan. Germany rejects European Central Bank write-down of Greek debt Berlin — Berlin is refusing to allow the ECB get involved in Greece’s debt restructuring. read more Euro-Area Manufacturing, Services Expand, Led By Germany, France European services and factory output strengthened in January, led by growth in Germany and France, as the region’s leaders work to find a solution to the debt crisis. Greece rejects Germany's EU budget veto plan The finance minister of debt-stricken Greece on Sunday rejected a proposal from Germany for the EU to take control over its tax and spend decisions, citing national sovereignty. China Weighs Helping a European Debt Rescue Prime Minister Wen Jiabao said China might be willing to help finance Europe’s stabilization by working with the International Monetary Fund. Sarkozy Increases Sales Tax to Finance Cut in Payroll Charges French President Nicolas Sarkozy announced increased sales taxes and levies on financial incomes to fund a 13 billion-euro ($17 billion) cut in payroll charges in the opening volley of a re-election bid that requires him to erase a 20-point poll gap in three months. |
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