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Court frees German Kosovo bomb suspects
Crime

Court frees German Kosovo bomb suspects

An international court in Kosovo has freed three suspected German spies accused of bombing an EU office in the Balkan nation, and the men were flown back to Germany, reports said Saturday.
LBBW piles up loss of €2 billion
Economy

LBBW piles up loss of €2 billion

Germany's biggest stated-owned regional bank Landesbank Baden-WĂĽrttemberg (LBBW) said Friday it was raising billions of euros in fresh capital and considering tapping a government rescue package after being hit by the financial crisis.
Seehofer elected premier of Bavaria
Bavaria

Seehofer elected premier of Bavaria

German Agriculture Minister Horst Seehofer stepped down on Monday to become premier of the wealthy southern state of Bavaria, a month after his conservatives suffered embarrassing election returns.
Merkel warns of hard economic times ahead
Politics

Merkel warns of hard economic times ahead

German chancellor Angela Merkel warned of tough times ahead for the world's third largest economy due to the global financial crisis, and called for a comprehensive overhaul and more oversight of the financial system.
Rail passengers face delays amid train recall
Transport

Rail passengers face delays amid train recall

Tens of thousands of railway passengers in Germany faced delays and cancellations on Saturday, after railway operator Deutsche Bahn recalled scores of its high-speed train fleet over ongoing safety concerns following a derailment in July.
DAX slumps to two-year low amid turmoil
Economy

DAX slumps to two-year low amid turmoil

Germany’s leading stock index the DAX slumped to its lowest point in more than two years on Monday despite the government’s decision to offer a blanket guarantee on all bank deposits over the weekend.
Kauder floats idea of EU-wide finance authority
Money

Kauder floats idea of EU-wide finance authority

A top German politician has said that Europe must draw consequences from the current financial crisis, suggesting that the creation of an EU-wide financial authority would improve transparency and regulation in the sector.