GERMANY

Europe GDP

Euro Zone GDP Down 0.3% in Q4

A collapse in household spending, exports and manufacturing sucked the life out of the euro zone's economy in the final months of 2011, the EU said on Tuesday, showing the scope of the downturn that looks set to become a fully fledged recession.

Euro zone Industry, Spending Slump in Late 2011

Shoppers walk past a clothing store window advertising sales during the first day of the winter sales in Nice
A collapse in household spending, exports and manufacturing sucked the life out of the euro zone's economy in the final months of 2011, the EU said on Tuesday, showing the scope of the downturn that looks set to become a fully fledged recession.
Mercedes unveils an Invisible car, through LEDs and Camera

How Mercedes Invented the 'Invisible' Car (VIDEO)

Recently, Mercedes came out with a very ingenious advertising campaign to promote their new hydrogen-powered Mercedes-Benz F-Cell vehicle in Germany. They made the car Invisible to elaborate upon its concept of 0.0 emissions, which entails as invisible to the environment.
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Patent filings at record high, China UP 33%: WIPO

International filings for patent protection, a key indicator of technological innovation in major economies, hit an all-time record last year driven by growth in China and other middle- income countries, a United Nations agency said on Monday.
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ECB to signal policy lull as debt storm calms

The European Central Bank is likely to signal on Thursday that it has done all it intends to do to fight the euro zone crisis, putting the onus back on governments after cutting interest rates and flooding the market with cash in recent months.
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Euro zone retail sales post surprise rise

Euro zone shoppers increased spending in January, a surprise after four months of falls but economists said a quarterly reading that smoothes over the data still showed a large decline.
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EADS mulls foregoing German government loan: paper

European aerospace group EADS was considering doing without part of a development loan for its Airbus unit worth 500 million euros ($660.3 million) from the German government as a dispute escalates regarding the group moving operations from Germany, a paper reported.
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Credit Suisse to face National Century fraud case

A federal judge rejected Credit Suisse Group Inc's bid to dismiss a lawsuit by National Century Financial Enterprises bondholders that accused the Swiss bank of deceiving them about the health care finance company and missing its vast, roughly $2.9 billion fraud.
The European Central Bank (ECB) President Mario Draghi

Greek Bailout, U.S. Nonfarm Payrolls Highlight Economic Tape Next Week

The week ahead will largely be defined by two major events. First, on Friday, the February U.S. nonfarm payrolls report will be released, providing important data about the economic recovery. Second, also on Friday, euro-zone finance ministers will hold a conference call to decide whether Greece can get its second, €130 billion ($175 billion) bailout.
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Spain defies Brussels on deficit target

Spain set itself a softer deficit target for 2012 than originally agreed under the euro zone's austerity drive, putting a question mark over the credibility of the European Union's new fiscal pact.

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