Angela Merkel

Germany’s Efforts for Balanced Budget by 2016

Germany’s Efforts for Balanced Budget by 2016Germany has already started preparing to balance its budget by the year 2016, for which it has even speeded up its planning of reducing all the new borrowings in the future.

Experts Suggest Nuclear Power To Combat Increasing Electricity Prices

Experts Suggest Nuclear Power To Combat Increasing Electricity PricesExperts have raised major concerns over the rapidly increasing electricity prices and anticipated that they will surely influence the public opinion regarding nuclear power across the South Australia.

Slovakia: Major Hurdle for Bail-Out Funding

 Major Hurdle for Bail-Out FundingAfter witnessing three-week low, European stocks saw a rise, and all the credit should go to Slovakia as it is the new hope for the burdened countries to give them some sigh of relief by providing Eurozone bailout funding.

EU debates ways to fix rising deficit

EU debates ways to fix rising deficitON Thursday Germany and France wanted to persuade sceptical EU partners to support new rules on state spending. This is done to avoid a new government debt crisis in Europe.

Leaders Aim to Shape the Global Economic Growth in G20 Summit

Angela-MerkelThe richest economies of the world are burdened with huge debts. The over spending because of credit cards can be called, as one of the reasons.

Leaders from the Group of Eight, met in Canada, before the G20 Summit. G20 is the world’s dominant economic policy forum.

Germany Agrees to a Euro Rescue Deal

Germany Agrees to a Euro Rescue DealGermany's lower house of Parliament has agreed to the nation's contribution to a 750billion Euro ($938bn, £651bn) bailout package for the Eurozone.

The upper house is also anticipated to support a German donation of about 148bn Euros.

Chancellor Angela Merkel has endured extensive domestic antagonism to her support for steps to aid Greece and other struggling EU nations.

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