Among those honouring Schaeuble on Thursday was Jean-Claude Juncker, "Schaeuble belongs to a classic group of people who think that what is good for Europe is good for their country, and what's bad for Europe is bad for their country".
Greece will hold a new election in June after days of talks failed to resolve the country's political deadlock, party leaders said Tuesday.
Francois Hollande was sworn in as president of France on Tuesday with a solemn vow to find a new growth-led strategy to end the debt crisis threatening to unravel the eurozone.
The moment France's president-elect Francois Hollande is sworn in on Tuesday, he leaves his cosy post-election no-man's land for potentially bruising encounters on the European and world stage.
Spanish police cleared out Madrid's central square early on Sunday of hundreds of "indignant" activists who had spent the night as part of demonstrations to mark one year since the start of a global protest movement.
The head of the Eurogroup of finance ministers, Jean-Claude Juncker, on Thursday briefed France's president-elect Francois Hollande on the Greek financial crisis, Hollande said.
Foreign Minister Jean Asselborn has warned that the EU will not be willing to pay bail-out funds to Greece without a government supporting the previously agreed austerity measures in place.
UN-Arab League envoy Kofi Annan says his peace plan could be the last chance to avoid civil war in Syria, where a truce has failed to end 14 months of bloodshed.
The day after Francois Hollande rode to power in France on a slogan of "change now" the conversation in Europe is already different: Austerity has become a dirty word.
After winning France's presidential vote, Socialist Francois Hollande faces some far-from-ordinary challenges as the leader of the eurozone's second-largest economy, a nuclear-armed UN Security Council member.
French President Nicolas Sarkozy said on he would not lead his right-wing UMP party into June's parliamentary polls, as his campaign spokeswoman conceded defeat in the presidential vote.
A Japanese power firm began switching off the country's last working reactor, leaving it without nuclear power just over a year after the world's worst atomic accident in a quarter of a century.
France held its breath on Saturday on the eve of a presidential election that Socialist Francois Hollande was predicted to win.
South Korea's Samsung Electronics has unveiled a faster and larger version of its flagship smartphone as it seeks to cement its position as the world's best-selling mobile phone maker.
Luxembourg and Kazakhstan are intensifying their bilateral ties. On Thursday, Prime Ministers Jean-Claude Juncker and Karim Massimov signed four agreements.
Whichever candidate wins France's presidential election Sunday will face the same eurozone debt crisis and thus have a narrow margin of manoeuvre on the economy, whatever their promises.
Several people were injured when two trains collided Wednesday at a station close to the capital Lisbon, the Portuguese rail and rescue services said.
US President Barack Obama Tuesday tore into Mitt Romney, branding his foe a corporate raider who outsourced American jobs overseas and piled up cash in offshore havens and a Swiss bank account as well as money held in Luxembourg.
May Day protesters poured into streets across Europe on Tuesday, swept up in a wave of anti-austerity anger that threatens to topple leaders in Paris and Athens.
German police are appealing for help in find three men who escaped a secure psychiatric hospital about 100 kilometres from Luxembourg.
Swedish furniture giant Ikea used political prisoners in East Germany as forced labourers during the 1970s and 1980s, according to a Swedish investigative news programme to air this week.
One person was wounded when a group of skiers on Mount Hermon in southeast Lebanon came under machine gun fire from across the border with Syria on Monday, a security official said.
Up to six people are feared dead after a small plane crashed in western Switzerland on Saturday, police said.
At least 27 people were hurt in Ukraine's eastern city of Dnipropetrovsk Friday in four blasts that President Viktor Yanukovych called a challenge to the nation ahead of the Euro 2012 football championship.
Russia's weather and emergency officials soothed fears of Moscow residents Thursday with statements that green-tinged clouds over the capital were not an alien invasion, but tree pollen.
Tens of thousands of rose-waving Norwegians gathered in rain-drenched Oslo Thursday to deride mass murderer Anders Behring Breivik by singing a song he hates, viewing it as Marxist indoctrination.
The French government says that if the European Union doesn't agree on a tougher line to fight illegal immigration it will pull out of Schengen borderless travel zone within a year.
Pakistan's Prime Minister Yousuf Raza Gilani was Thursday convicted of contempt of court by the country's highest court but avoided a jail term, state television reported.
Sweden's environment minister thought she had asked the country's former agriculture minister to attend a glam dinner. But the invitation went to the "wrong" Margareta Winberg — an ordinary Swede who jumped at the chance to mingle, even participating in the group photo.
The Association of Southeast Asian Nations (ASEAN) on Wednesday welcomed the suspension of European Union sanctions against Myanmar, saying it "was the right thing to do at the right time".
Ukraine's jailed ex-premier Yulia Tymoshenko has been on a hunger strike for five days to protest her treatment and demand an end to political repressions, her lawyer said Tuesday.
The European Union turned its sights on the Assad couple's high-end lifestyle Monday, at an EU ministers meeting in Luxembourg, banning the export of luxury goods as part of new sanctions to punish the regime's relentless violence.
The Dutch government, one of the most vocal critics of European countries failing to rein in their budgets, quit Monday after failing to agree on a plan to bring its own deficit in line with EU rules.
The leaders of the three parties that form the Czech government have agreed to end their coalition, the prime minister said Sunday.
Francois Hollande, a mild-mannered French Socialist who wants to take better care of the jobless and the poor, is heading to a presidential runoff election against tough-on-immigration Nicolas Sarkozy in a vote that could alter Europe's political and economic landscape.
Far-right candidate Marine Le Pen won 18.2 to 20 percent in Sunday's first-round of the French presidential election, official estimates said, the highest ever score for her anti-immigrant party.