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211. SPD's Steinbrueck to Challenge Merkel at Next German Poll
Germany's Social Democratic Party (SPD) on Friday picked Peer Steinbrueck, a former finance minister, to stand against Chancellor Angela Merkel in next year's general election.
212. Spain Reaching Breaking Point
Spain's government yesterday unveiled a new round of spending cuts and tough austerity measures in its 2013 budget, which is expected to pre-empt the conditions its European partners could lay down if the indebted nation becomes the latest eurozone member to request a bailout.
213. Germany Leaving Euro 'Would Not Be a Tragedy': Berlusconi
Italy is suffering from too much austerity and an overvalued euro currency, former Prime Minister Silvio Berlusconi charged on Thursday, returning to a more aggressive political discourse after months of silence.
214. Germany Finally Ratifies ESM Bailout Fund
Germany ratified Thursday the treaty to establish the eurozone's new high-firepower bailout fund, the European Stability Mechanism, after a three-month legal wrangle.
215. IMF Chief Meets German Chancellor Amid EU Discord
The International Monetary Fund's chief, Christine Lagarde, met German Chancellor Angela Merkel in Berlin Wednesday as discord broke out in the European Union over direct aid to stricken banks.
216. Thousands Demonstrate Against Budget Cuts in Northern Spain
The Spanish government on Wednesday was facing more protests against its budget cuts, with thousands of people demonstrating during a general strike in the northern Basque region and Navarre.
217. Eurozone Bailout Advances
Germany's government approved Wednesday a supplement to the treaty setting up the European Stability Mechanism (ESM), a key step in shoring up the eurozone against its three-year-old debt crisis.
218. Investors 'Fundamentally Confident' in Euro, Draghi Says
European Central Bank President Mario Draghi welcomed Tuesday an easing of market tensions in the wake of ECB hints it might embark upon unlimited bond buying, saying the eurozone was making "progress."
219. IMF Chief Urges Reform Action to Address Global Uncertainty
Prior to the annual meetings of the International Monetary Fund (IMF) and its sister agency the World Bank scheduled for next month, IMF Managing Director Christine Lagarde on Monday called on global policymakers to deliver on their reform promises and help strengthen the economic recovery momentum.
220. IMF Chief Says Global Growth Weaker Than Expected
International Monetary Fund Chief Christine Lagarde warned Monday that global growth continues to deteriorate and governments need to carry out promises to make needed economic reforms.
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