GERMANY

More news
IMF's chief of mission Thomsen and IMF's senior representative for Greece Traa leave the parliament building in Athens

Greece's New PM Heads for Brussels in the Search for Cash

Greece's new prime minister headed to Brussels on Sunday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition backers refused to give a written pledge to support reforms and a public-sector union readied itself for strikes.
Gold

Mystery Gold Buyers from China, India?

World Gold Council's third-quarter demand report showed central bank buying going far above most analysts estimates. Analysis shows the mystery buyers to be China or India.
German Chancellor Merkel and Britain's Prime Minister Cameron attend news conference after talks at Chancellery in Berlin

Germany's Merkel and the UK's Cameron: She Said, He Said

While German Chancellor Angela Merkel and British Prime Minister David Cameron have tried to put a happy face on their Friday meeting in Berlin, the two prominent European leaders differ sharply on ways to resolve the Eurozone debt crisis.
AngloGold Ashanti mine in Ghana

Gold Prices Fall to One-Week Low on Eurozone Fears

Gold fell to a one week low on Thursday as fears that the euro zone debt crisis could spread from peripheral to core economies kept investors nervous and prompted some to liquidate profitable positions to cover losses in other asset classes.
A laboratory worker looks for strains of E.coli bacteria in vegetable cells placed in a petri dish, in La Mojonera.

Europe in the Grip of Drug-Resistant Superbugs

Superbugs capable of evading even the most powerful antibiotics are increasing their grip in Europe with rates of drug resistance in one type of bacteria reaching 50 percent in the worst-hit countries, health officials said Thursday.
U.S. Budget Deficit

'Bond Vigilantes' Push Italy, Spain Interest Rates Higher - is U.S. Next?

So far, the dispensers of global financial justice -- the bond vigilantes -- have given the U.S. a pass on the budget deficit issue. But that can’t last forever, which is why it behooves Democrats and Republicans to reach agreement on a budget deficit reduction package now, starting with a super committee agreement.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Futures Signal Pause After Selloff

Stock index futures pointed to a steady-to-lower open on Wall Street on Thursday, with futures for the S&P 500 flat, Dow Jones futures down 0.04 percent and Nasdaq 100 futures down 0.15 percent at 1055 GMT.
A man gets a shoeshine next to a kiosk displaying a Spanish flag with a bull on it in downtown Madrid

Spanish, French Bond Costs Climb, Raising Contagion Fear

Spain and France struggled with government bond auctions on Thursday, throwing into sharp relief the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is already lapping at Italy's shores.
IBTimes Logo

Stocks Down, Bunds up as Spanish Debt Costs Jump

World stocks hit a one-week low on Thursday and Bunds rose as Spain paid more than at any time since 1997 to sell ten-year debt, sparking fears it may join other euro zone peripheral states in being unable to finance itself.
IBTimes Logo

Asian Shares Flat amid Europe Fears

Asian shares wobbled Thursday as doubts deepened about Europe's ability to stop its sovereign debt crisis from spinning out of control, with Germany and France split over the European Central Bank's bond buying role.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.