Germany

Okay, so the equity markets on spiking on news from over the weekend that Dexia SA was going to be "saved," and that German Chancellor Angela Merkel and French President Nicolas Sarkozy have agreed upon a "plan" to save Europe. Well that's all good and well, except there is no real plan, and the...

Banking stocks across Europe have been rising since European Commission President Jose Manuel Barroso said that the eurozone's leaders were considering recapitalizing the region's banks. Banking stocks had already been given a boost after German Chancellor Angela Merkel said that Europe needed to...

The euro dropped to an 8-month low against the American dollar, as concerns over Greece's ability to pay its debts continued to put pressure on the eurozone currency. European stock markets were also down during Monday trading as investors worried about the effect that a Greek default would have on...

The Capitol of Greece was brought to a standstill on Thursday as thousands of public transport workers went on strike in protest of the latest round of austerity measures that are aimed at convincing Greece's international creditors that the country is serious about reducing its fiscal deficits....

It was reported on Tuesday morning that the state-run Bank of China has halted FOREX swaps with several top European banks. The banks included Societe Generale and Credit Agricole, which were downgraded by Moody's Investors Service last week, and BNP Paribas, which Moody's said it will need more...

As thousands of Japanese protest against the nuclear power industry in Tokyo, it may be time to consider investing in the alternative energy sector. Thousands of Japanese citizens took to the streets on Monday in Tokyo, calling on the government to reduce the country's use of nuclear power. The...

German chancellor Angela Merkel becomes a loner, it appears. In a surprise move the German government will delay the parliament vote on the totalitarian European Stability Mechanism (ESM) until Q1 2012 as dissent in the rows of the junior coalition partner FDP endangers Merkel's costly plans that...

The United Kingdom plans to sue the European Central Bank (ECB) over a new regulation that the UK sees as a power grab by France and Germany. The European Central Bank's proposal calls for clearing houses that handle more than 5% of the market in a euro-denominated financial product to be located...

It's not hard for vacationing tourists to become irritated by German holiday-goers who neatly lay out their pool towels seemingly before the sun is up. And with stories emanating that Germany is rolling out a Plan B in order to shore up its bankers in the event that Greece fails to qualify for its...

During a speech made before Germany's Parliament, German Finance Minister Wolfgang Schaeuble warned that Greece must meet all the conditions that it previously agreed to in order to receive the next round of funds from its rescue package. Greece is having problems sticking to the austerity...

Shares of Mela Sciences (NASDAQ: MELA) skyrocketed nearly 70% to $3.80 Wednesday afternoon. The surge came after the European Union approved the company's skin cancer detecting device, MelaFind. The EU approval will allow Mela Sciences to sell its product in all 27 countries of the European Union...

Major hedge fund strategists were stunned by German's Q2 GDP, which came in at a feeble seasonally adjusted 0.1%. This is a mere shadow of the more virile 1.5% growth seen in Q1. In one shot, economic growth has downshifted from a rapid 4.7% rate to a more American style 2.7%. Germany had been the...

Merkel and Sarkozy call for closer euro zone economic governance, headed by Van Rompuy. All 17 nations should introduce balanced budget amendments to constitutions by mid-2012. Calls for financial transaction tax. They did not propose common euro bonds, or increasing size of EFSF; Ireland asked to...

Markets have rebounded the past few days, since news broke Thursday morning of an 'emergency' meeting Tuesday between Germany's Merkel and France's Sarkozy.  It appears the market is pushing for some sort of 'euro bond' - the equivalent of a U.S. type bond that would treat each EU member as a '...

Germany is downplaying speculation that a Tuesday meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy will result in some sort of agreement to create eurobonds backed by all of the eurozone members. Steffen Seibert, a spokesman for the German government, said a day...