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RAINER BRUEDERLE
Greece will not default: Wolfgang SchaeubleGerman Finance Minister Wolfgang Schaeuble said on Sunday that Greece would not default, but warned that if Athens did exit the eurozone it...- VW, Daimler to sign $5bn Chinese contracts: SourceGerman car giants Daimler and Volkswagen will ink multi-billion-dollar contracts with Chinese partners Friday during a visit by a top Chine...
- Irish cabinet meets on crisis plan as bailout loomsThe meeting comes as the Irish officials hold a fourth day of tense talks with the European Union, European Central Bank and International ...
- EU economies slow but Germany offers hopeAnalysts said a slowdown was expected after an exceptional second quarter and pinned their hopes on a resurgent Germany.
- German electric car sets new distance record: organisersAn electric car drove from Munich in southern Germany to Berlin without recharging its battery on Tuesday, setting what organisers hailed a...
- Talks near end, G20 split over Geithner’s trade target planGroup of 20 finance chiefs conclude talks on Friday with the US running into resistance as it pushes targets for current account imbalances...
- German economists raise 2010, 2011 growth outlookThe German economy will grow by 3.5 percent this year and by 2 percent in 2011, when unemployment is expected to fall to a 19-year low, lea...
- Germany supports India's stand against protectionismAgainst the backdrop of growing voices in the US opposing outsourcing, Germany lend support to India in its effort to fight protectionism.
- Germany rules against aid for GM's OpelGermany dashed Opel's hopes of receiving state aid in a ruling the carmaker believes was motivated by sovereign debt crisis rather than ang...
- German Finance Ministry mulls aid for OpelGermany's Finance Ministry is exploring the possibility of providing aid for carmaker Opel despite the scepticism of the country's Economy ...
- German committee rejects GM aid requestA German government steering committee has rejected a request from General Motors for 1.1 billion euros (1.3 billion dollars) in state loan...
- ECB forced into 'U' turn on Greek borrowing: analystsThe European Central Bank made a sharp "U" turn on Monday in accepting junk-rated Greek bonds in exchange for loans, but made the best of a...
- Greece bailout package likely to top 135 billion eurosAs Greece moved closer to bankruptcy, it is clear that the EU bailout package of 30 bn euros would not be sufficient even to service its de...
- Opel auto chief unveils restructuring planOpel boss presented on Tuesday a plan for the future of the ailing General Motors unit, with a forecast loss of 8,300 jobs from a total of ...
- Germany to raise 2010 growth forecast: ReportThe German government will raise its growth rate forecast for 2010 from 1.2 per cent to 1.5 per cent in its annual economic report, accordi...
- GM plans to repay Opel financial aid by 2014General Motors Co. plan for its Opel and Vauxhall units features a total of some 8,300 job cuts and the possible closure of a plant in Belg...
- Opel CFO Molinari quits, Reilly, Borst join boardGerman Economy Minister Rainer Bruederle said the summary of the $5 bn concept was not a ``request for state aid'' and criticized it for fa...
- Rage against GM over 10,000 planned job cuts at OpelGM wants to slash costs by 30 percent at Opel, which would mean the elimination of about 10,000 jobs from a workforce of around 50,000, GM ...
- GM's Opel move raises anger, new uncertaintyGeneral Motors Co.'s decision to scrap the sale of European subsidiary Opel raised new uncertainty on Wednesday over the unit's future.
- GM's Opel U-turn sparks anger, job fears in EuropeGeneral Motors' shock decision to pull out of a sale of its Opel/Vauxhall unit triggered outrage from the German government on Wednesday an...
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