GERMANY

German Chancellor Merkel attends news conference after talks with Macedonian Prime Minister Gruevski at Chancellery in Berlin

As Euro Economy Stagnates, German Business Confidence Up

A closely-watched indicator of German business confidence jumped in February, the fourth month in a row the index has risen, suggesting that country's economy is continuing to grow at a moderate pace even as the wider Eurozone area experiences near-recessionary stagnation.

More Signs of Germany Avoiding Recession

German Economy Minister Roesler and Chancellor Angela Merkel attend a session of the lower house of parliament Bundestag in Berlin
The business sentiment survey in Germany Thursday strengthened expectations that Europe's largest economy is on its way to avoid a contraction in the first quarter this year, easing concerns over country slipping back into recession.
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Greece Parliament Debates Bailout Legislation amid Protests

Trade unionists, communists and pensioners angry at punishing spending cuts in Greece marched through central Athens on Wednesday as lawmakers set to work on legislation needed to secure payment of a second bailout for the debt-laden country.
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Clinton Wears Green

Hillary Clinton Wears Green in G20 'Family Photo' While Others Sport White: Did She Miss The Memo?

In a strange mix-up, Hillary Clinton stuck out at a meeting of the G20 foreign affairs ministers in Los Cabos, Mexico this week. While the 30 other foreign secretaries and ministers wore crisp white shirts, Clinton stuck out sporting a lime green blouse. The informal meeting marked the first time the G20 Ministers of Foreign Affairs assembled together. The G20 members gathered in Mexico to discuss among other issues food security, sustainable development and the growing international economy.
Greece and EU

Europeans Near Deal on Second Greek Bailout

Euro zone finance ministers inched toward approving a second bailout for debt-laden Greece Monday night that would resolve Athens' immediate repayment needs but seems unlikely to revive the nation's shattered economy.
Former East German rights activist Joachim Gauck will be Germany’s next president.

Joachim Gauck: Five Things to Know About Germany’s Next President

On Friday, Christian Wulff resigned as president of Germany. Two days later, Chancellor Angela Merkel and leaders of the main political parties agreed on a replacement: Joachim Gauck, 72, a candidate whose popularity with the public may help restore some faith to the office of the presidency.
Riot policemen protect building of Bank of Greece during an anti-austerity protest in central Athens

Why a Greek Debt Restructuring Deal Could Still Collapse

Eurozone finance ministers are expected to formally endorse Greece's second bailout package on Monday. The final deal to funnel a rescue package worth 130 billion euros ($170.9 billion) is an important lifeline to the debt-hit country, for without it, Greece will default on a 14.5-billion-euro bond redemption due on March 20.
A woman raises a Greek flag during an anti-austerity rally in front of the parliament in Athens February 19, 2012.

Riot Police Guard Greek Parliament as Protesters Gather

Riot police shielded Greece's national parliament Sunday as demonstrators gathered to protest against austerity measures on the eve of talks in Brussels on a 130 billion euro ($171 billion) bailout needed for the country to avert bankruptcy. (See Eurozone Crisis in Graphics and Interactive Timeline.)
Cardinal George Alencherry, Pope Benedict XVI

India's George Alencherry Among 22 New Cardinals Inducted by Pope

Pope Benedict, putting his mark on his Church's future, on Saturday inducted 22 men including India's George Alencherry into the exclusive group of cardinals who will one day elect one of their own to succeed him as leader of the world's 1.3 billion Roman Catholics.

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