GERMANY

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Merkel says GM has to pay most Opel revamp costs

German Chancellor Merkel urged General Motors to quickly present a restructuring plan for its European unit Opel and said the U.S. automaker should not count on governments to shoulder most of the overhaul costs.
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ZEW Indicator of Economic Sentiment

The ZEW Indicator of Economic Sentiment for Germany decreased slightly by 4.9 points in November 2009 and now stands at 51.1 points after 56.0 points in the previous month. This value is still well above the indicator's historical average of 26.9 points.
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German aid for Opel not currently on agenda-EconMin

German Economy Minister Rainer Bruederle said on Monday that U.S. automaker General Motors had not yet presented a plan for Opel and therefore the question of providing state aid was not being considered.
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Poland sells surplus carbon permits to Spain

Warsaw signed an agreement on Monday to sell its surplus carbon emission permits under the Kyoto Protocol (AAUs) worth 25 million euros ($37.5 million) to Madrid, Polish and Spanish prime ministers said on Monday.
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Merkel hails East German bravery 20 years after Wall

Chancellor Angela Merkel hailed the courage of East Germans who helped topple the Berlin Wall as leaders converged on the German capital to celebrate the 20th anniversary of an event which marked the end of the Cold War.
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GM CEO starts Opel charm tour at Ruesselsheim HQ

General Motors Chief Executive Fritz Henderson was due in Germany on Monday to start talks aimed at soothing workers' tempers over the carmaker's plan to reorganize European arm Opel on its own.
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UK gives impetus to global banks tax

Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly.
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Britain gives impetus to global tax on banks

World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.
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UK gives ground on global tax on banks

World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.
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Jackson film crosses $100 million internationally

The Michael Jackson concert film This Is It has crossed the $100 million mark at international box offices as it enters its second weekend in theaters, the studio behind the movie said on Friday.
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Opel chief leaves following failed deal

General Motors Co said on Friday the head of its European operations, Carl-Peter Forster, is leaving, three days after the automaker's decision to scrap a planned sale of its Opel unit.
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Forty leaders plan to attend climate talks: U.N.

About 40 world leaders plan to go to Copenhagen next month to boost the chances of clinching a U.N. climate deal, the United Nations said Friday as preparatory talks wound down with scant progress.
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GM Europe chief Forster to leave company: sources

The head of General Motors' European business, Carl-Peter Forster, is leaving the company after the surprise decision by GM's board to block the sale of Opel, two sources close to the situation told Reuters.
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In Berlin, music fans build a new history

Twenty-year-old Emilia was desperately trying to get a ticket to the MTV Europe Music Awards Thursday, shivering outside the O2 World stadium on a chill grey evening in what used to be East Berlin.
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GM Europe chief Forster to leave company -sources

The head of General Motors' European business, Carl-Peter Forster, is leaving the company following the surprise decision by GM's board to block the sale of Opel, two sources close to the situation told Reuters.
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BA sees improved outlook, swings to H1 loss

British Airways Plc fell to a worse than expected first-half loss and forecast revenue would slump by 1 billion pounds this year, but analysts said the worst could be over as the airline signaled business was stabilizing.
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UK's Mandelson says GM decision benefits taxpayers

U.S. carmaker General Motors' decision to keep its European unit Opel will benefit European taxpayers, especially in Britain, Germany and Spain, British Business Secretary Peter Mandelson said on Thursday.
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Russia says GM pouring U.S. scorn on Europe

Russia accused General Motors of showing the United States' scorn of business with Europe by abandoning its sale of Opel, whose German workers went on strike on Thursday.

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