The Greek tragedy is quickly becoming a farce
By Stephen Fay The bridging loan had become Varoufakis’s top priority, without it, there is a danger that Greek banks will run out of cash in the spring and, in the ensuing chaos, the climax of...
Tagged: Germany
Germany, Greece acknowledge debt divisions
By AFP German Finance Minister Wolfgang Schaeuble and his Greek counterpart Yanis Varoufakis have acknowledged deep divisions over how to solve Greece‘s debt problems. “We had long and intensive discussions, but we were not...
Eurozone retail sales lift sharply in Q4
By Dow Jones newswires Retail sales in the eurozone rose for the third straight month in December, and at the fastest annual pace in almost eight years, an indication that falling oil prices are...
Italy calls solar parity; Germany opts for auctions
By Bloomberg New Energy Finance Bangalore utility’s biggest customers opt out looked at the policy options for the Bangalore Electricity Supply Company in India which has seen its largest power consumers opting for alternative suppliers...
Gold's star shines bright
By Adam Carr So while some commentators may giggle like children after using the term ‘gold bug’, countries such as the US, Germany, Italy and France take it very seriously — to the point...
Germany books lowest unemployment rate since reunification
By Dow Jones newswires In separate reports, the ECB said money supply growth accelerated in December and private-sector lending stabilised somewhat, while the European Commission‘s monthly survey recorded a pickup in sentiment among consumers...
Deutsche Bank's Q4 profit soars
By AFP Deutsche Bank, Germany‘s biggest lender, says its net profit for 2014 more than doubled from the previous year, to a better-than-expected €1. 7 billion ($A2. 40 billion). Co-chief executives Juergen Fitschen and Anshu...
Smart homes: consumers favour home security over efficiency
By Ravi Srinivasan A home with a comprehensive, centralised automation system has the potential to reduce between 17-40% of its energy usage, according to a 2011 study by Germany‘s Fraunhofer Institute of Building Physics that...
The euro crisis has become a game of chicken
By Oliver Marc Hartwich The two players are new Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel. And of course Tsipras knows that the worst thing that could happen is that he...
German economics minister opposes Greek debt relief
By Dow Jones newswires Germany and other eurozone countries will continue to provide financial solidarity towards Greece, but Athens must also meet the terms of previous bailout agreements in return, he said. The new...
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