German econmin says Greece can only get more aid if it reforms

BERLIN: German Economy Minister Sigmar Gabriel warned the Greek government that Greece could only get further funds if it carried out reforms in a German newspaper interview published on Sunday.

Greece requests euro zone loan extension, offers big concessions

Greece formally requested a six-month extension to its euro zone loan agreement on Thursday as it races to avoid running out of cash within weeks and overcome resistance from skeptical partners led by Germany.

No new debt for Germany in 2015, first time since 1969

(Reuters) - Finance Minister Wolfgang Schaeuble said Germany would not take on new debt next year for the first time since 1969, underlining the robustness of the country's finances as European partners urge it to do more to boost euro zone growth.

Schaeuble says EU must focus on competitiveness, not exchange rate

(Reuters) - Europe must focus on improving the competitiveness of its economy rather than the exchange rate, German Finance Minister Wolfgang Schaeuble said on Friday, brushing aside French calls for EU action to weaken the euro.

Portugal Aid Balk Highlights Crisis Tools Built for Show

German Finance Minister Wolfgang Schaeuble says the euro area’s firewall isn’t there to be used. Portugal has taken the hint.

Euro zone to assure IMF it will keep funding Greece: EU official

(Reuters) - The euro zone will assure the International Monetary Fund in coming months that it will continue to bankroll Greece, enabling the IMF to disburse its share of international aid to Athens, a senior European Union official said on Friday.

Schaeuble Says Europe’s Back After Years of Euro Crisis

Europe’s back from the years of crisis in the euro area thanks to German-led prescriptions of reform, Finance Minister Wolfgang Schaeuble said.

Germany's Schaeuble set to stay center stage in euro crisis

(Reuters) - Two years ago, German Finance Minister Wolfgang Schaeuble was on the point of giving up his role as iron fist in the euro zone debt crisis, but the 70-year-old champion of closer European integration now seems likely to remain on Europe's center stage.

Germany, France split over EU banks plan

(Reuters) - Germany and France were split on Friday over European Union plans for a new agency to wind down troubled banks, with Berlin saying they go too far in centralizing control in Brussels.

German finance minister calls anti-euro party's policy "insane"

BERLIN (Reuters) - A core policy of a new anti-euro party was criticized as "economically insane" by German Finance Minister Wolfgang Schaeuble in an interview published on Sunday.

Cyprus Teeters on Brink as Euro Chiefs Battle Crisis

European governments battled to save Cyprus from financial ruin, seeking to prevent the woes of the euro area’s third-smallest economy from reviving the debt crisis and rattling markets.

Germany agrees 'historic' balanced budget for 2014

BERLIN: The German government on Wednesday approved a draft budget for 2014 with the lowest deficit in 40 years, hailed by the economy minister as a "historic" step in the battle against debt.

Eurozone must push ahead with banking union or risk recovery, says IMF

Eurozone countries must implement a planned banking union in full as backsliding could throw the economy into a tailspin, an International Monetary Fund staff paper has concluded.

Worst of Euro Crisis is Over, German Finance Minister Schaeuble Says

The worst of the euro zone sovereign debt crisis is over, German Finance Minister Wolfgang Schaeuble has said in an interview to be published on Friday.

Analysis: German hint of Greek debt relief raises euro hopes

BRUSSELS (Reuters) - Three years into the euro zone's debt crisis, Germany's finance minister hinted tantalisingly last week at a potential breakthrough.

Greek vote important step, key issues remain: EU

BRUSSELS: Greece has made an important step in approving tough new austerity measures but must still pass the 2013 budget and key issues remain before it can secure the next debt aid payment, the European Commission said on Thursday.

Debt cuts only way to sustainable growth: Germany

BANGKOK: Slashing government debt is the only way to put Europe back on a path of sustainable economic growth, German Finance Minister Wolfgang Schaeuble said on Monday.

Ten EU nations to press ahead with market transaction tax

BERLIN: Germany and nine other European Union nations will press ahead with plans to introduce a financial market transaction tax, following failed attempt for an agreement to levy it across the EU.