German central bank calls for wage rises
Germany's powerful Bundesbank says pay must rise here - to boost the country's low inflation rate. Analyst say that signals an end to the country's low wage policy, a key factor behind the strong recent performance of Europe's largest economy. But employers worry wage rises will hit their bottom line.
Cyprus crisis spurs on reunification drive
In the coming days, Greek and Cypriot negotiators will try to overcome their differences and agree to reunite an island that has been divided between them since the 1970s. Last year's economic crisis has lent renewed impetus to those efforts. Many hope an end to ethnic division would create an economic boom.
China closes Shanghai meat processing facility
China has been hit with another food scandal. A Shanghai meat processor allegedly relabeled and resold rotten meat. The company has been a supplier to McDonald's and KFC. Chinese food inspectors closed the facility after a video of the plant went viral.