While the Rhineland readies for the traditional “fifth season,” or <i>Karneval</i>, the Turkish community in Cologne has founded the first foreign carnival club (TKVD) to take part in the wild and boozy festivities in their own way, the organisation revealed during Wednesday.
Troubled German property lender Hypo Real Estate (HRE) plans to restructure its activities in a move that would eliminate one third of its workforce, a press report said on Friday.
