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Frankfurt - The European Central Bank (ECB) kept rates on hold at 4.25 per cent Thursday despite signs that inflationary pressures are easing and fears are growing that large parts of Europe’s economy are edging towards recession.

Berlin - Germany’s core industrial employers agreed Wednesday to a limited programme of labour buyouts for elderly workers, ending a point of friction before pay talks begin next month with the powerful IG Metall trade union.

Berlin - Germany’s Social Democrats (SPD), ailing in the polls, divided on policy and facing a leadership crisis, are set to name charismatic Foreign Minister Frank-Walter Steinmeier as their candidate for the chancellorship in elections next year, according to a report Tuesday.

Berlin: The Federation of German Industries (BDI) said Monday it was opposed to sanctions being imposed on Russia over the conflict in Georgia and called for dialogue rather than confrontation.

Ingolstadt, Germany - Audi has announced an upgrade of its luxury A6 class that will be unveiled at the Paris Motor Show prior to the complete makeover scheduled for 2011.

Berlin - German economic confidence slipped again, two key surveys to be released Tuesday are forecast to show, amid worries about the outlook for Europe’s biggest economy.

Berlin - The German government sharply criticized the Russian lawmakers’ decision to recognize the independence of Georgia’s separatist regions.

Berlin - German politicians Tuesday urged Barack Obama not to call for greater troop contributions from Europeans in Afghanistan when he outlines his plans for US foreign policy in a major speech in Berlin later this week.

Gerhard Schroeder, the former German chancellor stated yesterday that recognition of Kosovo’s unilateral independence goes against Europe’s best interests.

Belgrade: Serbian Prime Minister Vojislav Kostunica will be on a visit to Lisbon on July 16, where he will talk to Portugal’s top functionaries.
On the other hand, on July 17, Mr. Kostunica will meet German Chancellor Angela Merkel and German Federal Minister of Foreign Affairs Frank-Walter Steinmeier.
On Monday, Kostunica will meet up with Portuguese Prime [...]