German govt faces revolt because of bailout

There is a growing concern in the German government because they are facing resistance from their own supporters in the parliament. These supporters are against the extra resistance that has been given to Greece and other members of the eurozone as part of the bailout plan.

Total worth of the whole package is said to be €110bn ($156bn). In fact, the resistance has grown so strong that the finance minister was forced to take up a staunch defensive stand and also tell what exactly are the plans of the government about the bailing out of, the eurozone members.

Hindustan National Glass to acquire Agenda Glas

One of India's leading packaging and glass container, Hindusthan National Glass (HNG), is in the process of acquiring Germany-based Agenda Glas. For the same it is going to invest around 50 million euro (Rs 321 cr.) that would be done in the period of next one year.

Thus, as soon as the takeover happens, it will act as a stepping stone for it to go for global plans and also drive the HNG's version of becoming one of the top 15 in its sector. For Agenda Glas, it is a good option as it has gone for its bankruptcy proceedings from February, 2011.

Coulter hopes Jedward will win the contest

Phil Coulter, winner of EUROVISION composer has supported Jedward to win the contest. Coulter, who is of 69, is responsible for a string of Eurovision hits, and he is confident that Jedward's irresistible three minutes of madness will triumph not only in tonight's second semi-final but also in Saturday night's final. Coulter has also won the 'Puppet On A String’ in year 1967 UK.

Japan and Germany are limiting their reliance on nuclear energy

Considering the nuclear crisis at Japan’s Fukushima Dai-ichi plant, Japan and Germany has decided to reduce their dependence on nuclear energy. This move will increase the petroleum prices. But other than these two countries, all the countries of the world are not worried of using nuclear energy.

South Korea and Germany ready to co-operate more in trade and environment

During the second day of his three day visit to Berlin, South Korean President Lee Myung-bak and German President Christian Wulff agreed with each other to expand themselves in the field on trade and investments.

It was also said by presidential office Cheong Wa Dae that both the nations are going to go for more co-operation when it came to environment-related industries.


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