Fears have been growing that major economies could get into a bidding war, depressing currencies to boost exports. But the G20 meeting has promised to avoid that.
Germany's Finance Minister Wolfgang Schäuble has denied there's a rift in the country's grand coalition government over its eurozone economic policies. But some remarks made by the Economy Minister tell a different tale.
German Finance Minister Wolfgang Schäuble is continuing in his position under Angela Merkel's new coalition government. In a career spanning over four decades, he has made many friends as well as enemies.
G20 finance chiefs have vowed to boost jobs and economies rather than austerity measures following a two-day meeting. Germany's finance minister praised the outcome, but warned leaders not to forget fiscal discipline.
Angela Merkel and Mariano Rajoy have struck a positive note after meetings in Santiago de Compostela. Merkel and Rajoy walked a stretch of the Way of St. James, as Spain starts its own long road to economic recovery.
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