GERMANY

Greece Warns Bailout Rebels of 'an Unknown, Dangerous Path'

Two anti-austerity banners, placed by activists of the Greek Communist party, are displayed on a hill at the Acropolis in Athens February 11, 2012.
The Greek government told rebellious lawmakers on Saturday to back a deeply unpopular European Union/International Monetary Fund rescue package in parliament or send the nation down an unknown, dangerous path to default and international economic isolation.

Anger in Greece as Parliament to Vote on Bailout

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Greek lawmakers will vote this weekend on a controversial austerity bill that Athens needs to avoid a messy default but which is fuelling a domestic political and social crisis that has brought thousands of Greeks out on the streets in protest.
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Schaeuble told MPs Greek plan short of target: sources

German Finance Minister Wolfgang Schaeuble told conservative lawmakers on Friday that existing Greek reform pledges would not bring its debt down to levels that are considered sustainable, sources who attended the meeting said.
French President Nicolas Sarkozy

French Elections: Sarkozy’s Last Stand?

French President Nicolas Sarkozy is up for re-election this year. He faces stiff competition from both the Socialist Party and the extreme right National Front. With France's economy in shambles, Sarkozy's re-election prospects look slimmer every day.
Gold pellets

Gold Prices Fall after Greek Deal Appears Dead

Gold prices fell back Friday, just hours after an apparent deal between debt-choked Greece and potential Eurozone lenders reinvigorated hopes the nation would not be forced to default on its loans.
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Greeks strike against austerity, EU demands more cuts

Greek workers went on strike against austerity measures on Friday, docking ships and halting public transport, hours after euro zone finance ministers said Athens needed to make more cuts to convince them to release a financial bailout.
Athens demonstrators

Greece Bailout Plan Details Disdained In Brussels, at Home

Hours after Greece's ruling coalition announced it had concluded an 11th-hour agreement on new austerity measures in an effort to satisfy foreign lenders, it seemed that everyone - from creditors abroad to political allies back home - was turning on the Greek leadership.
Greece

Greeks Clinch Austerity Deal, but Lenders Skeptical

Greek political leaders clinched a long-stalled deal on Thursday on harsh austerity measures and reforms required to secure a second international bailout in two years but the country's financial backers reacted skeptically.
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German Bundestag parties to meet on Greece Friday

German Chancellor Angela Merkel will meet with parliamentary floor leaders on Friday to discuss Greece's bailout after euro zone ministers meet in Brussels later on Thursday, parliamentary sources said.
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German court says Samsung can sell reworked tablet

Samsung Electronics Co Ltd's reworked tablet PC does not look like a copycat version of the iPad, a German court said, affirming a preliminary assessment and dealing another legal blow to Apple Inc.
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Vodafone Q3 results hit by weak southern Europe

Vodafone posted third-quarter results slightly below forecasts as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging markets and northern Europe at the world's largest mobile operator.
The Vodafone logo is seen at the counter of the shop as customers look at mobile phones in Prague

Vodafone Hit by Weak Southern Europe

Vodafone, the world's largest mobile phone operator, missed quarterly revenue forecasts on Thursday as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging markets and northern Europe.
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Greek Standoff Weighs on Asian Markets, Euro

Asian shares and the euro struggled Thursday, as sentiment grew cautious after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default.

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