Germany News
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German Chancellor Angela Merkel said investors are trying to “blackmail” governments into helping debt-strapped European countries, underscoring the need for all euro-area governments to reduce debt.
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Finland remains committed to its demand for collateral in exchange for Greek bailout guarantees, two government officials close to the talks said.
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Porsche AG and Bayerische Motoren Werke AG, predicting record sales for their luxury German cars this year, are vying to find enough Wunderkinder to make them.
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European stocks rose for the first week in five as Federal Reserve Chairman Ben S. Bernanke indicated the economy isn’t deteriorating enough to warrant any immediate stimulus.
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