EFSF hails success of bond sale to aid Ireland

The European Financial Stability Facility staged Tuesday a landmark five-year bond auction worth five billion euros ($6.8 billion) to raise funds for Ireland and help calm financial markets. Asian bidders snapped up more than one third of the total in what EFSF head Klaus Regling said demonstrated market confidence in the 17-nation eurozone, after the turmoil of massive bailouts for Greece and Ireland last year. “This must be seen... [more]

Facebook beefs up ‘Friend Finder’ privacy for German users

Under pressure from German privacy watchdogs, Facebook has agreed to beef up privacy protections in its Friend Finder feature, the data protection supervisor in Hamburg said this week. The supervisor, Johannes Caspar, said Monday that Facebook has agreed to inform its members that it had obtained email addresses from their accounts and to give them the option of forbidding their usage. The Friend Finder feature allows Facebook to search... [more]

Egypt demands Germany return Nefertiti

Egypt’s antiquities chief said Monday that Cairo has demanded that Germany return the 3,400 year-old bust of fabled Queen Nefertiti, 98 years after it was uncovered on the banks of the Nile. Egypt’s Supreme Council of Antiquities head, Zahi Hawass, announced an “official request” backed by Prime Minister Ahmed Nazif and Culture Minister Faruq Hosni for the relic to be handed back. The demand was sent in a letter... [more]

Berlin agrees new rules for ailing property funds

Germany’s ruling coalition has agreed new regulations for open-ended real estate funds, which have suffered from volatile investor behaviour, financial experts involved in talks told Reuters on Monday. From 2013, the cancellation period for investors will be 12 months and new investors will be subjected to a holding period of a minimum of two years, the sources said. Up to now, there had been no regulation on holding and cancellation... [more]

Swedish daily to jointly publish WikiLeaks

Three major newspapers in northern Europe will join forces with a Norwegian paper to comb through about 250,000 cables originally exclusively handled by WikiLeaks’ media partners, newspaper Svenska Dagbladet told AFP on Sunday. Norwegian daily Aftenposten will share its findings with three major media outlets in Denmark, Germany and Sweden, Martin Jönsson, the executive director of Swedish daily Svenska Dagbladet, said on Sunday.... [more]

Parents demand fresh probe in navy death

The scandal over treatment of cadets on the Gorch Fock navy training ship widened Monday when the father of a young woman sailor who drowned after falling from the ship in 2008 was demanding a fresh inquiry. The father of Jenny Böken, 18, who mysteriously fell overboard from the now notorious ship and drowned, told daily Bild he believed his daughter may have been sexually harassed. “I think it is absolutely possible that Jenny was harassed... [more]

Catholic abuse victims offered firm payout

Victims of sex abuse at Jesuit schools are finally being offered concrete compensation payouts one year after the abuse scandal broke, a Catholic official said Monday. Klaus Mertes, rector of Canisius College, the elite Jesuit school in Berlin at which the first allegations surfaced, told daily Berliner Zeitung’s Monday edition that the 205 known victims would share about €1 million in damages payments, meaning each will receive roughly... [more]

Pork farmers could get EU help on dioxin scare

EU Agriculture Commissioner Bacian Ciolos said Saturday that Brussels was ready to step in to aid pork farmers hit by a slump in prices sparked by a German contamination scare. “If in the next few days the pork market continues in the same direction, we must be ready to take the measures available to us to avoid a fall in prices,” he said at Berlin agriculture fair. The discovery of high levels of toxic dioxin in pork from German... [more]

Croat embassy grenade in Germany an extremist ‘warning’

A grenade found in a parcel sent to the Croatian embassy in Berlin was sent as a warning to the Croatian and Serbian presidents who advocate good ties between the former foes, the Balkan nation’s media reported Tuesday. “This little grenade is a warning to (Croatian president) Ivo Josipovic and (Serbian president) Boris Tadic” the influential Vecernji List daily said, quoting a threatening letter that allegedly accompanied... [more]

Aigner calls for state support at dioxin summit

Agriculture Minister Ilse Aigner on Tuesday urged state officials to implement a federal action plan that aims to prevent future food contamination ahead of special government summit on the dioxin animal feed scandal. “I expect that the states will stand behind this plan and do their part to increase quality and monitoring, and improve inspection practices,” Aigner told dailyHamburger Abendblatt. The minister said she was confident... [more]

Custom Search
Divorce
merchant accounts 
Washington DC auto injury lawyer  
No Win No Fee Employment Solicitor
Jesus Christ