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.
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.
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.
French Prime Minister Manuel Valls has announced a new government after the cabinet resigned following infighting over the country's economy. Analysts said the move was also a signal to France's European partners.
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