Economy

Germany facing slow Market Growth

It seems that things have been deteriorating at financial front in Germany, as it has been found that German factories' orders have declined the most this year. Experts affirmed that there are a number of reasons for decline in orders and main reason is swing in financial situation of the European Union.


Germany powerfully Cutting Nuclear Power Usage, Solar Power Use Jumps 50% this Year

Germany is more into using solar power these days and so has the solar power usage in the city grown up by 50% this year, say German utilities, who have confirmed in their latest statements about the 50% jump in the solar power production this year over the first nine months of 2011.


Germany to Introduce Changes In Social Welfare Programs

A lot of matters are there, which have been seeking attention of Germnay, Europe's strongest economy. One of the matters has been addressed by the group members of Chancellor Angela Merkel party.


German-Iran Trade Relations Flourishing

Three German deputies had visited Iran the previous week and the same has highlighted the resilient trade relationship of Germany with Tehran. However, the same has sometimes been a reason of outrage and frustration for France, Britain, the US and Israel to impose strict EU economic sanctions.


EU Budget Talks to Initiate Today

Today marks the day when negotiation talks with regard to the EU's budget will initiate. The negotiations will revolve around the budget, which will be for next six years.


Ex-German President Kohler promises Growth of SMEs

Small and Medium Enterprises (SMEs) have a great scope in East Africa. Seeing the hope of development in the area, ex- German President Horst Kohler has promised that he will make all efforts for development of the industry.


Mali in Talks

The latest concern of Germany is Mali as Germany's foreign minister was in Mali on Thursday to meet the leaders of the weak interim government and discuss the importance of the stabilization of Mali, which he believes is vital for the entire Sahel region. Also, his concern was to discuss the growing concerns in Europe fearing al-Qaida-linked terrorists establishing a foothold there.


Trade Target of India and Germany Likely To Be Accomplished By 2012

Amidst the financial tensions hovering over the countries, good news has come for two countries. India and Germany have announced that they will be able to complete their trade target of Euro 20 billion.


AustrianTribune Specials

Output policy will be unchanged after Opec oil exporters agreed for the same yesterday. The oil exporters agreed as the oil price held near the group's preferred level of US$100 a barrel.

The production target for the rest of the year of...

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