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French and Germans explore idea of smaller euro zone

BRUSSELS (Reuters) - German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller euro zone, EU...

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French, Germans explore idea of smaller euro zone

German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller euro zone, EU sources say. "France...

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German budget plan demands EU treaty change

* Pressure to agree proposals before EU summit * Euro zone must tell world it pays its debts -- Sarkozy * EU treaty change might involve only euro zone members * Italian austerity plan cheers market...

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UPDATE 1-Germany's budget controller idea fits with reform-Rehn

By Jan Strupczewski BRUSSELS Oct 18 (Reuters) - A German proposal for a "currency commissioner" with the power to reject national budgets is in line with euro zone reforms and will be part of talks to...

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UK's Osborne says expects broad EU treaty change in 1-2 years

MARSEILLE (Reuters) - Europe could agree to broad changes to existing legislation within a year or two that would pave the way for greater fiscal integration of members of the euro zone, British...

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Geithner backs EU crisis plan, stresses ECB role

* Geithner says encouraged by Europe developments, ECB central * Ratings agency puts euro zone rescue fund AAA on negative watch * EU summit chair proposes bigger fund with bank licence * British...

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Bailout Deal Fails to Quell EU Rifts

By MARCUS WALKER And CHARLES FORELLE Europe's leaders endorsed plans for a new fund to rescue indebted euro-zone countries, and proposed treaty changes to make that possible, but failed to resolve...

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Stark shock widens German euro faultline

BERLIN (Reuters) - The surprise exit of Germany's top official at the ECB has ripped a hole in Chancellor Angela Merkel's strategy of tackling Europe's debt crisis with closer integration, raising new...

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WRAPUP 1-IMF urges aid for Italy, Spain but Rome baulking

MILAN/MADRID Oct 17 (Reuters) - The International Monetary Fund called on the eve of a European Union summit for both Spain and Italy to seek euro zone assistance to draw a line under the bloc's debt...

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UPDATE 1-Merkel seeks more EU budget control, French cool

* Merkel wants central EU veto power on national budgets * EU leaders to discuss banking supervision at summit * Spain, Greece likely to be kept to sideline discussions * Timetable, scope of banking...

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ECB hints at action if euro zone adopts fiscal pact

Brussels/Berlin: The new head of the European Central Bank signalled on Thursday it stood ready to act more aggressively to fight Europe's debt crisis if political leaders agree next week on much...

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IMF urges aid for Italy, Spain but Rome baulking

MILAN/MADRID (Reuters) - The International Monetary Fund called on the eve of a European Union summit for both Spain and Italy to seek euro zone assistance to draw a line under the bloc's debt crisis,...

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'Not as long as I live' - Merkel buries euro bonds

German Chancellor Angela Merkel sought to bury once and for all the idea of common eurozone bonds overnight, saying Europe would not share total debt liability "as long as I live", as the bloc's big...

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'Top 4' euro zone finance ministers to meet in Paris

PARIS (Reuters) - The finance ministers of Germany, France, Italy and Spain will meet in Paris on Tuesday evening as the euro zone's top four members try again to resolve their differences ahead of a...

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Europe's Options: Few, and Shrinking

By MARCUS WALKER and CHARLES FORELLE Agence France-Presse/Getty Images German Chancellor Angela Merkel, left, and French President Nicolas Sarkozy remain far apart on key issues, say people familiar...

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Merkel, Cameron Stuck on EU Treaty Changes

Chancellor Angela Merkel and U.K. Prime Minister David Cameron failed to reconcile their differences on German plans for European Union treaty change and a financial transaction tax, as Cameron called...

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EU to Weigh Changes to Treaties

By CHARLES FORELLE And PATRICK MCGROARTY BRUSSELS—Atop the agenda of a European Union summit that begins Thursday is a topic practically no one wants to discuss: Changing the bloc's founding treaties....

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Merkel seeks more EU budget control, French cool

BERLIN/BRUSSELS (Reuters) - German Chancellor Angela Merkel demanded stronger central powers for the European Union's executive to veto national budgets that breach EU rules, risking a clash with...

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German FinMin details debt fund plan before EU summit

* Wolfgang Schaeuble pushes plan for debt redemption fund * Leaders prepare for crunch EU summit next week * Merkel wants EU treaty changes on budget discipline By Madeline Chambers BERLIN, Dec 3...

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Germany steps up call for currency commissioner

DEREK SCALLY in Berlin GERMANY IS stepping up its calls for closer European integration with a demand for a ���currency commissioner��� with powers to oversee and veto national budgets. Ahead of this...

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Germany's Schaeuble, Merkel push for crisis cure on summit eve

MUNICH, Germany (Reuters) - German Finance Minister Wolfgang Schaeuble said on the eve of a summit of European leaders that debt-ridden euro zone states must help themselves while Chancellor Angela...

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German Lawmakers Limit Merkel's Room to Negotiate on Bailout

By WILLIAM BOSTON And ANDREAS KISSLER BERLIN—Europe's lumbering efforts to end a widening sovereign-debt crisis became more cumbersome as the German parliament wielded new veto powers that allow...

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UPDATE 1-German FinMin 'sure' court won't block ESM fund

STRASBOURG, France, Sept 3 (Reuters) - German Finance Minister Wolfgang Schaeuble said on Monday he was sure the country's Constitutional Court would not next week block treaties establishing a...

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Franco-German Push for Budget Rules Snubs Investor Bid for ECB Crisis Role

Germany and France are pushing for closer economic ties among euro nations and tougher enforcement of budget rules to counter the debt crisis, snubbing investor pleas to back an expanded European...

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Draghi backs German FinMin's plan on more EU grip on member states' budgets

BERLIN, Oct. 29 (Xinhua) -- European Central Bank (ECB) President Mario Draghi said he supported Germany's proposals to tighten EU's grip on member states' budget, local media reported on Monday. In...

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UPDATE 1-'Top 4' euro zone finmins to meet in Paris

PARIS, June 26 (Reuters) - The finance ministers of Germany, France, Italy and Spain will meet in Paris on Tuesday evening as the euro zone's top four members try again to resolve their differences...

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Spain Aid Talk to Crowd Out Banking Union at EU Summit

Rising expectations that Spain will soon ask for a euro zone credit line to help cut its borrowing costs look set to dominate a European Union summit beginning on Thursday, potentially crowding out...

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Schaeuble calls for tighter fiscal union in eurozone

German Finance Minister Wolfgang Schaeuble said he wants legal changes to European Union treaties as early as next year to strengthen the euro area’s ability to enforce budgetary discipline,...

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Spain aid, Schaeuble ideas raise EU summit tempo

BRUSSELS (Reuters) - Rising expectations that Spain will soon ask for a euro zone credit line to help cut its borrowing costs look set to dominate a European Union summit beginning on Thursday,...

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Schaeuble Risks U.K. Ire With EU Treaty Change Push for Euro

German Finance Minister Wolfgang Schaeuble said he wants legal changes to European Union treaties as early as next year to strengthen the euro area’s ability to enforce budgetary discipline,...

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Germany’s Schaeuble Advocates Leap in Euro Integration

German Finance Minister Wolfgang Schaeuble has called before an EU summit this week for a leap forward in European integration, saying the bloc needs a commissioner with power over member nations'...

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Germany's Schaeuble advocates leap in euro integration

ABU DHABI (Reuters) - German Finance Minister Wolfgang Schaeuble has called ahead of an EU summit for a great leap forward in European integration, urging the creation of a new commissioner with power...

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Germany's Schaeuble urges big leap forward in euro integration

* Schaeuble wants currency commissioner with budget powers * German minister urges change to European Parliament voting * Merkel "somewhat more cautious" on Schaeuble proposals By Gernot Heller ABU...

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German finance minister urges EU treaty change, currency commissioner

ABU DHABI (Reuters) - Germany's finance minister called on Tuesday for the creation of a 'currency commissioner' for the euro zone with wide-ranging powers over national budgets as part of an overhaul...

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German FinMin urges EU treaty change, currency commissioner

ABU DHABI Oct 16 (Reuters) - Germany's finance minister called on Tuesday for the creation of a 'currency commissioner' for the euro zone with...

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Germans oppose giving more powers to Brussels - poll

BERLIN (Reuters) - A large majority of Germans do not want to hand more powers to the EU, according to a poll published on Wednesday that underlined unease about a closer European fiscal and political...

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