GERMANY

German President to Discuss Loan Scandal

German President Wulff is pictured on a TV monitor during the recording of a television interview in Berlin
As if being tasked with solving the Eurozone debt crisis is not job enough, German Chancellor Angela Merkel now has to defend her choice of Christian Wulff for president as information has emerged that he tried to prevent media from reporting about his private business dealings.
Europe's Markets

Europe's Markets Close Lower Wednesday on Bank Concerns

European shares fell in low volume on Wednesday, halting four days of gains, led by banks after Italian lender UniCredit priced a rights issue at a massive discount, highlighting the struggle the sector faces to raise funds.
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Paris, Berlin eye end of triple-A era

The German and French governments have both come to accept that the era when leading euro zone countries enjoyed the very best sovereign debt ratings is nearing an end, but a downgrade could shake Paris far harder than it does Berlin.
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Stocks, euro pressured ahead of German auction

Nerves ahead of a German debt auction helped put European stock markets in negative territory early on Wednesday and halted a surge for the euro after its biggest one-day gain in nearly two months.
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Wall St rallies in first session of year

Wall Street stocks kicked off 2012 with a rally on Tuesday after data showed U.S. manufacturing activity and construction spending picked up, signaling the economic recovery was gaining steam.
Traders working at the New York Stock Exchange

Wall Street Starts 2012 with Strong Gains

Wall Street stocks kicked off 2012 with a sharp rally on Tuesday after data showed U.S. manufacturing activity and construction spending picked up, signaling the economic recovery was gaining steam.
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Wall St jumps two percent after data

Wall Street stocks kicked off 2012 with a sharp rally on Tuesday after data showed U.S. manufacturing activity and construction spending picked up, signaling the economic recovery was gaining steam.
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Lufthansa warns EU scheme to raise fares

Germany's Lufthansa told passengers on Monday to brace for higher ticket prices as it refuses to shoulder the costs of a carbon trading scheme at the centre of a brewing trade spat.
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European shares start year on firm footing

European shares made a positive start to the New Year as they extended a two-week rebound in thin trade on Monday, with automotive stocks and euro zone banks leading the charge.
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Euro zone manufacturing downturn extends to 5th month: PMI

Euro zone manufacturing activity declined for a fifth consecutive month in December, although at a slightly slower rate than November's 28-month record low, a survey showed on Monday, suggesting the decline would continue in the early months of 2012.

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