Strengthening Europe's Banks
EU finance ministers agreed on a "Bail-In" procedure that would shift the burden of liability in times of crisis to shareholders and bond holders. National crisis funds would only step in after that. Those funds are to be consolidated in a common EU resolution fund over a ten year period.
Bitcoin: Play money or legitimate currency?
The virtual currency Bitcoin has soared in value and many are regarding it as the money of the future. It is especially popular in China where the government has now banned its financial institutions from conducting transactions in Bitcoin. But its legitamcy is growing in the west where some retailers are now taking Bitcoin as payment and at least one ATM is exchanging Bitcoin for cash.
Ownership from China
More and more German companies are being taken over by Chinese investors. Last year a Chinese automotive supply conglomerate acquired Kiekert, the market leader in car central locking systems. Kiekert sees its acquisition as an opportunity to take on the Chinese market.