Ukraine conflict weighs on financial markets again
The heightened tensions in Ukraine have put global investors on edge. In Frankfurt shares fell more than one percent on Thursday. There were also losses on Wall Street. Traders in Frankfurt believe that even further stimulus measures by the European Central Bank would not be able to make up for the adverse effects of a military escalation in eastern Ukraine.
German labor market remains stable
Despite the sluggish German economy, the country's labor market remains healthy. There are currently two point nine million people out of work, and the unemployment rate of 6.7% is at the lowest level in almost a quarter century. The situation could change if business confidence continues to weaken and German consumers hold back on purchases.
Reforms needed in Serbia
The relationship between Europe and the former Balkan nations is in focus this week. The German government has invited political leaders to Berlin to throw a spotlight on the region's relationship with Europe. Serbia is an EU candidate, but first it must carry out economic reforms -- including in the energy sector.