http://www.mail.com/people/15632-wolfgang-schaeuble.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.20/img/mailcom_logo_rss.png http://www.mail.com/people/15632-wolfgang-schaeuble.html http://www.mail.com/business/markets/1741546-germany-france-odds-eu-banking-supervisor.html BRUSSELS (AP) — European Union countries are dragging themselves to a year-end summit with a heavy load of unfinished business aimed at shoring up confidence in the region in the wake of the three-year financial crisis. The 27 finance ministers remained split Tuesday on the establishment of a new European single supervisor to keep wayward banks in check, ... Tue, 04 Dec 2012 16:28:00 GMT http://www.mail.com/business/markets/1741546-germany-france-odds-eu-banking-supervisor.html 2012-12-04T16:28:00Z http://www.mail.com/business/markets/1740250-europe-takes-tech-giants-their-tax-havens.html PARIS (AP) — A storm is brewing in Europe as nations try to force Internet powerhouses like Google and Amazon to pay more in taxes. Governments, hungry for money to prop up their struggling economies, are accusing the technology giants of incorporating themselves in low-tax countries so they can avoid paying hundreds of millions of dollars to countries su... Mon, 03 Dec 2012 20:04:00 GMT http://www.mail.com/business/markets/1740250-europe-takes-tech-giants-their-tax-havens.html 2012-12-03T20:04:00Z http://www.mail.com/news/world/1733458-german-parliament-approves-greek-debt-deal.html BERLIN (AP) — German lawmakers overwhelmingly backed a deal aimed at trimming Greece's debt load and keeping the country financially afloat but the country's finance minister insisted it would be irresponsible to raise hopes of more radical debt forgiveness soon. Parliament voted 473-100 Friday to back the complex deal reached by European finance minister... Fri, 30 Nov 2012 10:18:00 GMT http://www.mail.com/news/world/1733458-german-parliament-approves-greek-debt-deal.html 2012-11-30T10:18:00Z http://www.mail.com/business/markets/1728862-merkels-election-schedule-weighs-greek-bailout.html BERLIN (AP) — German Chancellor Angela Merkel's upcoming re-election battle is shaping Europe's response to bailing out debt-ridden Greece. Her strategy: Do just enough to keep Greece afloat but spare German voters — for now — the news that even more of their money will be required to get the Greeks back on their feet. Merkel has led Europe's biggest econ... Wed, 28 Nov 2012 18:45:00 GMT http://www.mail.com/business/markets/1728862-merkels-election-schedule-weighs-greek-bailout.html 2012-11-28T18:45:00Z http://www.mail.com/business/markets/1725516-greek-bankruptcy-averted-.html ATHENS, Greece (AP) — European and global financial leaders have agreed to release €44 billion ($57 billion) in critical loans to Greece and provide billions in additional debt relief in order to help the country stabilize its ailing economy. After three weeks of negotiations, Greece's euro partners and the International Monetary Fund agreed early Tuesday... Tue, 27 Nov 2012 16:37:00 GMT http://www.mail.com/business/markets/1725516-greek-bankruptcy-averted-.html 2012-11-27T16:37:00Z http://www.mail.com/business/markets/1718244-cyprus-very-close-to-signing-bailout-deal.html NICOSIA, Cyprus (AP) — Cyprus is "very close" to signing an agreement with potential creditors for a bailout to support its troubled banks and pay its bills, the crisis-hit country's president said Thursday. President Dimitris Christofias said that the "very limited" number of differences that remain could be bridged "very soon." The statement comes a day... Thu, 22 Nov 2012 17:56:00 GMT http://www.mail.com/business/markets/1718244-cyprus-very-close-to-signing-bailout-deal.html 2012-11-22T17:56:00Z http://www.mail.com/business/markets/1715890-greek-pm-presses-deal-loan.html ATHENS, Greece (AP) — Greece reacted with dismay Wednesday after European finance ministers failed to agree to release vital rescue loans, with the prime minister warning that the stakes are higher than just his debt-ridden country's future. After 12 hours of debate, finance ministers from the 17 European Union countries that use the euro, together with t... Wed, 21 Nov 2012 14:23:00 GMT http://www.mail.com/business/markets/1715890-greek-pm-presses-deal-loan.html 2012-11-21T14:23:00Z http://www.mail.com/news/world/1713024-downgraded-france-time.html PARIS (AP) — France's government has shrugged off the latest downgrade of its credit rating, saying Tuesday that it just needs time for reforms to the sluggish economy to take root. Socialist President Francois Hollande noted that markets barely budged on the credit rate cut by Moody's Investors Services, and said that was a sign the government should sta... Tue, 20 Nov 2012 17:00:00 GMT http://www.mail.com/news/world/1713024-downgraded-france-time.html 2012-11-20T17:00:00Z http://www.mail.com/news/world/1702224-france-tells-germany-will-slash-deficit.html BERLIN (AP) — France's prime minister assured Germany on Thursday that his country is committed to getting its debt under control, amid concerns that the second-largest economy in the eurozone is weakening. During his first visit to Berlin since taking office in May, Jean-Marc Ayrault sought to dispel fears that Germany's most important ally in fighting E... Thu, 15 Nov 2012 17:44:00 GMT http://www.mail.com/news/world/1702224-france-tells-germany-will-slash-deficit.html 2012-11-15T17:44:00Z http://www.mail.com/news/world/1702092-germany-expanding-compensation-nazi-victims.html BERLIN (AP) — Sixty years after a landmark accord started German government compensation for victims of Nazi crimes, fund administrators and German officials say payments to Holocaust survivors are needed more than ever as they enter their final years. Most Holocaust survivors experienced extreme trauma as children, suffered serious malnutrition, and lost... Thu, 15 Nov 2012 15:17:00 GMT http://www.mail.com/news/world/1702092-germany-expanding-compensation-nazi-victims.html 2012-11-15T15:17:00Z http://www.mail.com/news/world/1696668-eu-talks-banking-union-to-expose-divisions.html BRUSSELS (AP) — European finance ministers inched toward strengthening their banking sectors and the management of their economies at a meeting in Brussels on Tuesday, but put off decisions on comprehensive solutions to the region's financial crisis. Weakness in the banking sector and inadequate monitoring of national budgets were among the prime causes o... Tue, 13 Nov 2012 16:40:00 GMT http://www.mail.com/news/world/1696668-eu-talks-banking-union-to-expose-divisions.html 2012-11-13T16:40:00Z http://www.mail.com/business/markets/1694346-euro-nations-split-to-help-greece-cut-debt.html BRUSSELS (AP) — Eurozone finance ministers have ended a meeting in Brussels on Monday without agreeing on the next batch of bailout aid for Greece. Jean-Claude Juncker, the head of the eurogroup, said the finance ministers hoped to reach a final agreement at an extraordinary meeting to be held Nov. 20, which he said would be a continuation of Monday's mee... Mon, 12 Nov 2012 22:33:00 GMT http://www.mail.com/business/markets/1694346-euro-nations-split-to-help-greece-cut-debt.html 2012-11-12T22:33:00Z http://www.mail.com/business/markets/1693356-greece-passes-2013-austerity-budget.html ATHENS, Greece (AP) — Greek lawmakers approved the country's 2013 austerity budget early Monday, an essential step in Greece's efforts to persuade its international creditors to unblock a vital rescue loan installment without which the country will go bankrupt. The budget passed by a 167-128 vote in the 300-member Parliament. It came days after a separate... Sun, 11 Nov 2012 23:55:00 GMT http://www.mail.com/business/markets/1693356-greece-passes-2013-austerity-budget.html 2012-11-11T23:55:00Z http://www.mail.com/business/markets/1689346-greece-to-raise-cash-markets-amid-bailout-delay.html ATHENS, Greece (AP) — Greece will issue short-term debt on Tuesday to make a key bond repayment on Nov. 16, when the cash-strapped country is not yet expected to have received the next batch of its international rescue loans. It will issue €2.1 billion ($2.7 billion) in treasury bills with the unusually short maturity of four weeks. It will sell another €... Fri, 09 Nov 2012 18:06:00 GMT http://www.mail.com/business/markets/1689346-greece-to-raise-cash-markets-amid-bailout-delay.html 2012-11-09T18:06:00Z http://www.mail.com/business/markets/1686484-greek-wait-cash-despite-austerity-vote.html ATHENS, Greece (AP) — Greece's euro partners won't be able to release the country's next batch of bailout cash next week, even though the Greek Parliament narrowly backed more unpopular austerity measures Thursday. Germany's Finance Minister Wolfgang Schaeuble said the 17-country eurozone is not yet in a position to make a decision on releasing the funds,... Thu, 08 Nov 2012 15:59:00 GMT http://www.mail.com/business/markets/1686484-greek-wait-cash-despite-austerity-vote.html 2012-11-08T15:59:00Z http://www.mail.com/business/markets/1686626-german-finance-chief-warns-euro-crisis.html HAMBURG, Germany (AP) — Germany's finance minister warns the eurozone crisis is not over despite the improvement in borrowing rates for many financially struggling countries, such as Spain and Italy. Wolfgang Schaeuble said Thursday that Europe's crisis response and the European Central Bank's pledge to do whatever it takes to defend the 17-nation currenc... Thu, 08 Nov 2012 12:54:00 GMT http://www.mail.com/business/markets/1686626-german-finance-chief-warns-euro-crisis.html 2012-11-08T12:54:00Z http://www.mail.com/scitech/news/1679646-g-20-fears-us-sharp-fiscal-tightening.html MEXICO CITY (AP) — Finance officials from the world's largest economies on Monday called on countries to reject protectionism and currency manipulation despite a raft of economic problems that include the U.S. deficit. Meeting in Mexico City one day before the U.S. elections, the G-20 finance ministers issued a statement saying the United States faces "a ... Mon, 05 Nov 2012 23:38:00 GMT http://www.mail.com/scitech/news/1679646-g-20-fears-us-sharp-fiscal-tightening.html 2012-11-05T23:38:00Z http://www.mail.com/news/world/1678692-germany-increases-social-spending-election.html BERLIN (AP) — Germany's ruling center-right coalition has decided to increase childcare benefits, spend more money on transportation projects and end an unpopular medical charge less than a year before a general election, officials said Monday. The measures — costing more than €3 billion ($3.9 billion) per year — come at a time when German Chancellor Ange... Mon, 05 Nov 2012 14:03:00 GMT http://www.mail.com/news/world/1678692-germany-increases-social-spending-election.html 2012-11-05T14:03:00Z http://www.mail.com/news/world/1667936-greece-outlines-austerity-debt-load-rises.html ATHENS, Greece (AP) — Greece's government on Wednesday outlined the new austerity measures it intends to take over the next two years, a series of painful spending cuts and tax hikes that its international bailout creditors are demanding in exchange for rescue loans. The country's finance minister also submitted a revised draft budget for 2013, with figur... Wed, 31 Oct 2012 16:20:00 GMT http://www.mail.com/news/world/1667936-greece-outlines-austerity-debt-load-rises.html 2012-10-31T16:20:00Z http://www.mail.com/news/world/1668402-german-tax-take-rising.html BERLIN (AP) — Germany on Wednesday raised its tax income forecast for this year and said it expects to take in €29 billion ($37.5 billion) more than in 2011 thanks to robust growth and low unemployment. The overall tax revenue for the central government, state administrations and municipalities this year is now predicted to total €602.4 billion ($779.2 bi... Wed, 31 Oct 2012 15:22:00 GMT http://www.mail.com/news/world/1668402-german-tax-take-rising.html 2012-10-31T15:22:00Z http://www.mail.com/business/markets/1661474-germany-to-greek-debt-haircut.html BERLIN (AP) — Germany's finance minister has dismissed the idea of governments and other public creditors taking a hit on their Greek debt holdings, arguing that it wouldn't be legally feasible. However, Wolfgang Schaeuble said in an interview with Deutschlandfunk radio broadcast Sunday that a debt buyback program — under which Greece would get loans that... Sun, 28 Oct 2012 09:58:00 GMT http://www.mail.com/business/markets/1661474-germany-to-greek-debt-haircut.html 2012-10-28T09:58:00Z http://www.mail.com/business/economy/1647286-unease-germanys-unchecked-gold-reserves.html BERLIN (AP) — Germany's central bank has failed to properly oversee the country's massive gold reserves, which have been stored abroad since the Cold War in case of a Soviet invasion, independent auditors say. The central bank must renegotiate its contracts to gain the right to inspect its gold bars, which are worth tens of billions of dollars and are sto... Mon, 22 Oct 2012 16:06:00 GMT http://www.mail.com/business/economy/1647286-unease-germanys-unchecked-gold-reserves.html 2012-10-22T16:06:00Z http://www.mail.com/news/world/1636018-germany-decision-banking-union-eu-summit.html BERLIN (AP) — A top German government official on Wednesday dashed hopes of swift progress on strengthening Europe's financial sector, saying this week's summit of the bloc's 27 leaders won't make any final decisions on setting up a single banking supervisor. Many "legal, technical and political details" for a continent-wide supervisory authority still ha... Wed, 17 Oct 2012 13:36:00 GMT http://www.mail.com/news/world/1636018-germany-decision-banking-union-eu-summit.html 2012-10-17T13:36:00Z http://www.mail.com/news/world/1593366-ex-finance-minister-to-challenge-merkel-2013.html BERLIN (AP) — Germany's main opposition party embarked Friday on an uphill struggle to oust Chancellor Angela Merkel, choosing a respected former finance minister who helped steer the country through the financial crisis as her challenger in next year's election. Peer Steinbrueck, 65, emerged as the center-left Social Democrats' candidate after a monthslo... Fri, 28 Sep 2012 15:44:00 GMT http://www.mail.com/news/world/1593366-ex-finance-minister-to-challenge-merkel-2013.html 2012-09-28T15:44:00Z http://www.mail.com/news/world/1593640-germany-france-launch-drive-eu-finance-tax.html BERLIN (AP) — Germany's Finance Ministry says Berlin and Paris have jointly appealed to the European Union's executive to prepare the introduction of a tax on financial transactions. The proposal has failed to secure a majority within the 27-nation EU. Germany and France are pressing for its introduction by the legal detour of so-called enhanced cooperati... Fri, 28 Sep 2012 10:04:00 GMT http://www.mail.com/news/world/1593640-germany-france-launch-drive-eu-finance-tax.html 2012-09-28T10:04:00Z http://www.mail.com/business/markets/1578152-german-finance-min-spain-aid.html BERLIN (AP) — Germany's finance minister argued Friday that Spain doesn't need to seek a new aid program, and dismissed suggestions that money left over from a rescue package for its banks might be used to buy the country's government bonds instead. Spain has been granted up to €100 billion ($130 billion) in European aid to shore up its ailing banks but h... Fri, 21 Sep 2012 13:41:00 GMT http://www.mail.com/business/markets/1578152-german-finance-min-spain-aid.html 2012-09-21T13:41:00Z http://www.mail.com/business/markets/1572110-bailed-out-portugal-pays-to-borrow-26-bln.html LISBON, Portugal (AP) — Portugal's interest rates fell steeply in a short-term debt auction Wednesday where it borrowed €2 billion ($2.61 billion), evidence that the European Central Bank's recently-unveiled plan to intervene in bond markets is boosting investor confidence. The Treasury and Public Debt Management Agency said it raised €1.291 billion in 18... Wed, 19 Sep 2012 13:41:00 GMT http://www.mail.com/business/markets/1572110-bailed-out-portugal-pays-to-borrow-26-bln.html 2012-09-19T13:41:00Z http://www.mail.com/business/markets/1564614-europe-loggerheads-banking-reform.html NICOSIA, Cyprus (AP) — Europe faces weeks of tough negotiations to agree on a new region-wide banking supervisor after divisions emerged over the new body's powers at a meeting of the region's finance ministers Saturday. The design of the new supervisory framework is widely considered to be a key part of Europe's attempts to strengthen its financial syste... Sat, 15 Sep 2012 12:05:00 GMT http://www.mail.com/business/markets/1564614-europe-loggerheads-banking-reform.html 2012-09-15T12:05:00Z http://www.mail.com/news/world/1557002-commission-wants-ecb-to-supervise-euro-banks.html STRASBOURG, France (AP) — The European Central Bank should be given the power to supervise all the banks in the 17 countries that use the euro and also be able to fine institutions, the European Union's executive said Wednesday. The creation of a single supervisor would be an important step toward a "banking union" — a unified playbook for all of the bank... Wed, 12 Sep 2012 06:08:00 GMT http://www.mail.com/news/world/1557002-commission-wants-ecb-to-supervise-euro-banks.html 2012-09-12T06:08:00Z http://www.mail.com/business/markets/1550750-german-euro-bailout-opponent-files-court-suit.html BERLIN (AP) — An opponent of the eurozone's permanent rescue fund said Sunday that he has filed a new complaint to Germany's highest court after the European Central Bank unveiled a program to buy government bonds. Peter Gauweiler, a backbench lawmaker with Chancellor Angela Merkel's conservative bloc and a consistent opponent of the government's euro res... Sun, 09 Sep 2012 14:17:00 GMT http://www.mail.com/business/markets/1550750-german-euro-bailout-opponent-files-court-suit.html 2012-09-09T14:17:00Z