Merkel says she wants Greece in euro, would consider growth measures Kathimerini | German Chancellor Angela Merkel insists she wants Greece to stay in the euro and has left open the option of agreeing more measures designed to boost growth. | "I want Greece to stay in the euro. I think that would be good for Greece and for all of us,» Merkel said in an interview with CNBC's Worl...
Now smartphones will help you navigate mega malls The Times Of India Tweet BERLIN: Your smartphone helps you smoothly navigate highways and streets of an unfamiliar city. But once you enter a mega mall, its global positioning system ( GPS) goes blind. | But now researchers from Germany's Fraunhofer Institute in collaboration with the Bosch Corporation and others have...
Germany's Schaeuble says Greek euro zone exit preventable Reuters | BERLIN May 20 (Reuters) - German Finance Minister Wolfgang Schaeuble said Greece's exit from the euro zone could definitely be prevented but that it was up to Greece to abide by its agreements. | "European solidarity isn't a one-way street," Schaeu...
‘Between Catastrophe and Armageddon’: The Cost of a ‘Grexit’ Jakarta Globe Berlin. As the specter looms ever larger of a Greek exit from the eurozone, economists have been making highly complex calculations of how much that bombshell would cost — with estimates as high as $1 trillion. | The approximations vary widely with...
Europe's Depressing Prospects Business Insider Michael Pettis | URL | Michael Pettis is a professor at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets, and a Senior Associate at the Carnegie Endowment for International Peace. Recent Posts I W...
G8 leaders agree on global growth, fiscal responsibility DNA India | Seeking a "strong and cohesive" Eurozone, that includes debt-ridden Greece, leaders of the powerful G-8 countries have agreed to put their fiscal houses in order and accord priority to growth and jobs by revitalising the global economy. | At the en...
AP / Francois Mori
France's Francois Hollande changes the mix in Europe The Los Angeles Times | PARIS — With Francois Hollande's election as France's first Socialist president in 17 years, Europe now must deal with a major leader who has promised to push a different a...
Obama sees 'emerging consensus' on economic fix STL Today | Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put in...
Obama sees 'emerging consensus' on economic fix The Boston Globe | CAMP DAVID, Md.-Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European cont...
Senior executives should look for new business overseas The Daily Telegraph Managers and chief executives should look overseas | tag --> | 7:00AM BST 20 May 2012 | Comments | SIR – William Hague, the Foreign Secretary, is right to say we need to work harder and get on planes to sell things overseas (report, May 13). Th...
European Stocks Rise Wall Street Journal By MICHELE MAATOUK | LONDON—European stocks opened slightly higher Tuesday after German gross domestic product figures came in significantly better than expected. | London's FTSE 100 Index opened 0.4% higher at 5486.34, Germany's DAX rose 0.75% to 6499.16 and Paris's CAC-40 Index was 0.95% higher at 3087.1. | Amid all the euro-zone doom and g...
