Germany's biggest utility company, Eon, has been reported to be moving out of Southern Europe. It's allegedly planning to sell its assets there amid a drive to refocus it efforts on more lucrative markets.
The German government has said it doesn't need all the money it has penciled in for 2013 in terms of fresh borrowing. Berlin noted income and corporate tax revenues would help it to stay below the full-year target.
Market researchers have said they expect German consumers to spend even more at the beginning of next year as employment in the country remains robust. But low yields on savings are also part of the equation.
The European Union's top long-term credit rating has been downgraded by the agency Standard & Poors, citing what it called lessening cohesion. The dip to AA+ coincides with an EU summit in Brussels.