In his first official visit to Berlin since becoming the European Parliament's new president, Martin Schulz has called on Greek parties to finally meet the prerequisites for further bailout funds.
Orders for German industry rose more than expected in December, boosted by a surge in demand from non-EU countries. The strong rise partly offsets declines in previous months.
Price-adjusted monthly wages in Germany rose by 1 percent last year reflecting robust economic growth, the German statistics office has reported. But private incomes were hit by rising inflation in the fourth quarter.
Japanese carmaker Mitsubushi Motors has announced it will stop production in Europe at the end of 2012. The company has blamed an unfavorable business climate for the decision.
S&P, Moody's, and Fitch are the giants among credit ratings agencies. They have struck fear in EU politicians and inspired criticism. Could a new European ratings agency correct the balance?
After a decade of negotiations, the Doha trade talks have ground to a halt. So what happens now?
In times of economic hardship, some people have chosen to give up money altogether.
The Greek debt deal has been delayed amid growing pressure
Negotiations between Greek lawmakers and Prime Minister Papademos have failed to yield an agreement on terms of a badly-needed bailout from the European Union. Papademos has set Monday as the deadline for a decision.
As Greece grapples with debts and deadlines, Yanis Varoufakis, writing for DW's Transatlantic Voices column, argues that the country has been skirting the edge of a debt crisis since its inception.
Europe has little time left to implement critical fiscal reforms aimed at keeping the eurozone intact, avoiding a default by Greece and preventing a possible collapse of the common European currency.
Business news from the heart of Europe.
