Merkel to Broker Second Stimulus Deal

Jun.02 — German Chancellor Angela Merkel is looking to broker a compromise on a second German stimulus package. She’ll host officials from the ruling coalition of her party, the CDU and the Social Democrats as well as junior partners later today in Berlin. The deal is said to be in the region between 50 billion-euros … Read more Merkel to Broker Second Stimulus Deal

Merkel’s Quiet Revolution

May.29 — Germany is undergoing a quiet revolution. Angela Merkel is seizing her chance to revolutionize Europe’s largest economy. The coronavirus pandemic has revived a radical plan to transform Germany into a state capitalist with echoes of France and China. With infection rates surging and stringent restrictions on people and businesses, there is little time … Read more Merkel’s Quiet Revolution

Von der Leyen Outlines $825 Billion Coronavirus Stimulus for European Union

The European Union has stepped back from the brink. Again. Unprecedented in nature and ambitious in scope, the 2.4 trillion euros ($2.6 trillion) in total recovery spending unveiled by the EU — anchored by 750 billion euros of joint debt issuance — has already started to calm jittery markets and it might just restore a … Read more Von der Leyen Outlines $825 Billion Coronavirus Stimulus for European Union

Bolsonaro’s coronavirus response: A threat to Brazil’s economy | Counting the Cost

The coronavirus pandemic has not spared a single nation or economy, but the way some governments have handled the crisis has raised eyebrows. Brazil’s right-wing populist leader Jair Bolsonaro has been dismissive about the health crisis and implored people to ignore state governors who had ordered lockdowns and social distancing measures. The result: Brazil has … Read more Bolsonaro’s coronavirus response: A threat to Brazil’s economy | Counting the Cost

China’s Hong Kong move, Merkel’s EU debt-sharing game changer, Renault’s woes, Ghosn’s accomplices

From China’s move to tighten the screws on Hong Kong’s special status to what could be a legacy moment for Angela Merkel as Germany agrees to share the EU’s debt burden, François Picard’s panel goes from Paris to Rome and Tokyo in The World This Week. Also, how to navigate Paris’s sidewalks when cars return … Read more China’s Hong Kong move, Merkel’s EU debt-sharing game changer, Renault’s woes, Ghosn’s accomplices

Vestager: EU Crisis Fund Is a ‘Good Step’

May.19 — EU Executive Vice President Margrethe Vestager discusses the crisis fund backed by German Chancellor Angela Merkel and French President Emmanuel Macron to help the EU overcome the coronavirus pandemic and the involvement of the other EU members. She speaks exclusively on “Bloomberg Markets: European Open.”

Merkel, Macron Offer Deal to Shield EU From Virus Fallout

May.19 — German Chancellor Angela Merkel and French President Emmanuel Macron have offered a breakthrough deal to shield the EU from the virus fallout. The German and French plan will need the backing of the 27 members of the European Union. Bloomberg’s Maria Tadeo reports on “Bloomberg Daybreak: Europe.”

Covid-19: Macron and Merkel propose €500 billion recovery fund as ‘major step forward’

French President Emmanuel Macron and German Chancellor Angela Merkel on May 18 presented a joint action plan to face the Covid-19 epidemic in Europe. They proposed a €500 billion recovery fund, and also said they were proposing to authorise the European Commission to borrow money on financial markets in the European Union’s name, while at … Read more Covid-19: Macron and Merkel propose €500 billion recovery fund as ‘major step forward’

Covid-19: ‘€500 billion will be earmarked’, German Chancellor Angela Merkel said

French President Emmanuel Macron and German Chancellor Angela Merkel on May 18 presented a joint action plan to face the Covid-19 epidemic in Europe. ‘The EU must show cohesion, we have to quickly overcome this. This is why we want to have a fund, which of course will be limited in time, but €500 billion … Read more Covid-19: ‘€500 billion will be earmarked’, German Chancellor Angela Merkel said

Covid-19: ‘Our wish is to provide Europe with concrete skills in the field of health’, Macron said

French President Emmanuel Macron and German Chancellor Angela Merkel on May 18 presented a joint action plan to face the Covid-19 epidemic in Europe. ‘In terms of health, our wish is to provide Europe with concrete skills in the field of health, joint stocking of masks, tests, purchasing capacity and joint production for treatments, vaccines, … Read more Covid-19: ‘Our wish is to provide Europe with concrete skills in the field of health’, Macron said

Protests against coronavirus lockdown measures spread in the UK and across Europe | ABC News

A wave of protests against coronavirus restrictions is sweeping across Europe. Despite the easing of lockdown measures in many countries there’s a growing frustration with the economic impact. For many life has become unbearable and they’re now more emboldened in pushing for a speedy return to normal. Police in London have arrested 19 people for … Read more Protests against coronavirus lockdown measures spread in the UK and across Europe | ABC News

U.S. Likely to Get Sanofi’s Covid-19 Vaccine First If It Succeeds

Americans will likely get Sanofi’s Covid-19 vaccine before the rest of the world if the French pharmaceutical giant can successfully deliver one. That’s because the U.S. was first in line to fund Sanofi’s vaccine research, Chief Executive Officer Paul Hudson said in an interview with Bloomberg News. He warned that Europe risks falling behind unless … Read more U.S. Likely to Get Sanofi’s Covid-19 Vaccine First If It Succeeds

Coronavirus: Germany reopens shops as lockdown is relaxed – BBC News

Chancellor Angela Merkel has said Germany’s goal of slowing the spread of coronavirus has been achieved, so all shops can be reopened as lockdown restrictions are eased. Bundesliga football has been given the green light to resume and schools will gradually reopen in the summer term. Germany’s 16 federal states, under an agreement with the … Read more Coronavirus: Germany reopens shops as lockdown is relaxed – BBC News

Merkel says Germany’s re-opening will have ’emergency brake’ in case Covid-19 spikes

Chancellor Angela Merkel announced steps on Wednesday to ease the coronavirus lockdown in Germany but at the same time launched an “emergency brake” mechanism allowing for renewed restrictions in case infections pick up again. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: http://www.france24.com Subscribe to … Read more Merkel says Germany’s re-opening will have ’emergency brake’ in case Covid-19 spikes