Merkel tells allies to pay Ukraine's gas debts
Chancellor Angela Merkel on Monday called on Ukraine's allies to help the war-scarred nation pay off its gas debts to Russia, amid concern over gas supplies this winter.
More young people going bankrupt
Germany's robust economy has reduced the number of private bankruptcies in the first quarter of the year -but the number of young people going bankrupt has jumped by over a third, new statistics show.
Bad bank pushed into red by Greek debt cut
The "bad bank" of German state-owned lender Hypo Real Estate said Tuesday that writedowns on its holdings of Greek bonds pushed it deeply into the red in the first six months of this year.