Greman economy enters worst recession

US financial crisis now started showing its effect in EU, the first big victim is non other than strongest economy Germany."The German economy, Europe's largest, contracted more than economists expected in the...

German Economy Enters Worst Recession in 12 Years

European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the...

Putin expects new US president to improve ties

In my humble opinion, Putin is definitely a sophisticated man of the world. He knows how things can go terribly wrong without diplomacy. This quote from him is reassuring. I hope he has the power to influence the...

German Home Gas prices to raise 25% starting Sept 1 -over the 21% jump in las...

All I can say on this is ouch.  I pay every 3 months - about 300 Eur.  I got a bill for an additional 200 - and it's not even winter yet.  Add to it the fact that food prices have gone up (in some cases doubled)... and that most people's average wage increase...

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