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Tag Archive | "germany"

Germany’s Bundesbank chief says France must cut deficit

Wednesday, May 22, 2013

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Bundesbank chief Jens Weidmann answers questions during press conference in Dresden, on April 24, 2013

The head of Germany's Bundesbank, Jens Weidmann, said France needs to make additional efforts to reduce its public deficit, in an interview published Wednesday.

German software giant SAP to hire people with autism

Wednesday, May 22, 2013

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SAP is one the world's largest software firms and has a 65,000-strong workforce

German software giant SAP has said it intended to employ hundreds of people globally with autism as software testers and programmers over the next seven years.

Eurozone calm compared to a year ago: Juncker

Thursday, May 16, 2013

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Jean-Claude Juncker takes part in a panel discussion at the foreign ministry in Berlin on May 16, 2013

The eurozone crisis has eased markedly from one year ago when some doubted its very survival, Luxembourg Prime Minister Jean-Claude Juncker said Thursday, playing down hopes however of progress on tax evasion at next week's EU summit.

Commerzbank to raise 2.5 bn euros in capital hike

Tuesday, May 14, 2013

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The headquarters of Germany's Commerzbank is seen in Frankfurt/M. in 2011

Commerzbank, Germany's second-biggest bank, said Tuesday the subscription price for new shares in its planned capital increase has been set at 4.50 euros ($5.85) apiece, meaning it stands to raise up to 2.5 billion euros in all.

Germany suggests ‘two-step’ approach to banking union

Monday, May 13, 2013

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German Finance Minister Wolfgang Schaeuble reads a brief at the Chancellery in Berlin on May 8, 2013

German Finance Minister Wolfgang Schaeuble on Monday called for a "two-step approach" towards a European banking resolution mechanism, building on systems already in place in a number of countries.

Deutsche Bank shares soar on results, capital hike

Tuesday, April 30, 2013

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The towers of German company Deutsche Bank, in Frankfurt, on January 31, 2013

Shares in Deutsche Bank soared by more than 7.0 percent after Germany's biggest lender unveiled a 2.8-billion-euro capital hike and a sharp rise in first-quarter profits.

Germany minister says anti-euro party demand ‘insane’

Sunday, April 28, 2013

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It would be "economically insane" for Germany to leave the euro, Finance Minister Wolfgang Schaeuble said

German Finance Minister Wolfgang Schaeuble said a new anti-euro party "can't be taken seriously" and labelled its core demand "economically insane" in comments published on Sunday.

Bundesbank chief critical of EU finance tax

Wednesday, April 24, 2013

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Jens Weidmann, President of German Federal Bank Bundesbank, speaks on April 24, 2013 in Dresden

The head of the German central bank or Bundesbank warned Wednesday that a planned European financial transactions tax could have unexpected negative implications for monetary policy.

Evonik to raise nearly 350 mln euros in share placement

Wednesday, April 24, 2013

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Headquarters of German industrial corporation Evonik Industries, pictured in Essen, on June 4, 2010

German speciality chemicals maker Evonik Industries stands to raise nearly 350 million euros ($455 million) from a private placement of shares, the bank handling the issue, Deutsche Bank, said on Wednesday.

S&P puts Deutsche Bank on negative rating watch

Wednesday, April 3, 2013

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People walk past the Deutsche Bank logo during the bank's annual general meeting in Frankfurt am Main, on May 26, 2011

International ratings agency Standard and Poor's put the biggest German bank's long-term credit rating on negative watch Wednesday after Deutsche Bank's 2012 earnings were hit by writedowns and legal costs.

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