Living Bauhaus, a German real estate investor, halted a residential project involving the removal of parts of the Berlin Wall after a public outcry over the impact of gentrification on the German capital’s Cold War legacy.
Deutsche Boerse AG Chief Executive Officer Reto Francioni remains committed to the German exchange’s plans to merge with NYSE Euronext, even after a rival bid by Nasdaq OMX Group Inc., Berliner Zeitung reported based on an interview.
Polish Finance Minister Jacek Rostowski said he sees the purchase of sovereign bonds on the secondary market by the European Central Bank as “completely correct” and “appropriate to the situation,” Berliner Zeitung reported, citing an interview.
The European Commission has again challenged the law that grants the German state of Lower Saxony veto rights in major decisions at Volkswagen AG, Berliner Zeitung reported, citing unidentified people in the German government and the European Union’s Court of Justice.
The German economy may expand up to 2.5 percent this year as demand from emerging nations boosts exports, said Udo Ludwig , an economist at Germany’s Halle Institute for Economic Research, or IWH, Berliner Zeitung reported, citing an interview.
The winter weather in Germany will damp the country’s quarterly economic growth by half a percentage point, Berliner Zeitung said , citing Volker Treier , chief economist at the DIHK Chamber of Commerce and Industry.