German politicians question mooted IKB bail-out
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Mooted government help to rescue troubled German business lender IKB has drawn cool comment from political figures ahead of an emergency meeting on the issue on Wednesday, press reports said.
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The public owners of the two biggest German public sector banks have begun talks that could lead to a new banking giant in Europe, press reports said Monday.
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MPs and the main City watchdog are at odds over the plight of millions of policyholders &quot;trapped&quot; in closed with-profits funds.
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Deutsche Bank, the German investment bank, has challenged the legitimacy of Russian oil giant Yukos' bankruptcy protection case in court and plans adverts.
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"A loss in Hesse would be bad for morale for the CDU nationally and for Merkel"  By Madeline ChambersBERLIN  - Voters in two western German states go to the polls on Sunday in a test for German Chancellor Angela Merkel and her conservative Christian Democrats (CDU) before next year's federal election.Senior CDU figures are fighting to hold on to power in both states but the race is especially tight in Hesse, home to the financial capital of Frankfurt, where Merkel ally Roland Koch has run a divisive campaign focused on crime and immigration.Koch's battle has ratcheted up tensions in Merkel's fractious national coalition with the Social Democrats (SPD). A strong SPD showing in Hesse could mean a further deterioration in relations and policy gridlock. Read more
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Germany does not expect to take a direct stake in aerospace group EADS  via state bank KfW or other federal or state institutions, a senior government official told Reuters on Thursday.
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Arguments over a rescue plan for Airbus could be decided by French and German government leaders on Friday amid warnings to politicians that cutbacks are now urgent despite conflicts over national interests.
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Sharp differences appeared Wednesday between Germany and France after Chancellor Angela Merkel dismissed calls by French President Nicolas Sarkozy for a brake on the euro&#39;s rising value.
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IKB Deutsche Industriebank AG, wracked by losses from the U.S. subprime mortgage crisis, will sell 1.5 billion euros ($2.2 billion) in shares as part of a government-sponsored bailout, provided its shareholders agree to the move.
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German lawmakers are considering changes to laws on stem cell research as pressure grows for an easing of restrictions that local scientists complain prevent them from keeping up with global advances.
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Business & money: Â· Fund chiefs stonewall on domicile questionÂ· MPs expected to demand answers next week
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Business & money: Jerome Kerviel speaks about the row over SociÃ©tÃ© GÃ©nÃ©rale's multibillion euro losses
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German Chancellor Angela Merkel faced tough questions Monday after her conservatives suffered heavy losses in a key state election as voters spurned a hardline campaign on crime and immigration.
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German business confidence is tumbling amid mounting fears about the impact of the euro&#39;s rise against the dollar, according to the closely-watched Ifo economic institute survey.
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French President Nicolas Sarkozy and German Chancellor Angela Merkel made a joint call here on Monday for greater regulation of international financial markets.
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MPs demand an explanation for the first run on a high-street bank in over a century.
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The German government agrees to a 1.5bn euros rescue package for struggling bank IKB.