European aerospace giant EADS has offered South Korea a huge defense-sector investment. The European competitor said procuring the deal would create tens of thousands of jobs.
The International Energy Agency (IEA) has said the German government must do more to protect consumers from paying too much of the transition costs to renewables. It urged the larger use of gas plants.
A leading German think tank has found the mood among the country's business executives is getting better again. A confidence barometer showed they were more positive about the future than in the previous months.
A fresh survey has shown that Germans remain in spending mood despite an unresolved euro area debt crisis. The study singled out consumers as a current pillar of economic growth in Europe's biggest economy.
European Central Bank President Mario Draghi has urged European governments to push on with reforms and banking union plans. Draghi added that the EU is more stable than a year ago, but challenges remain.