Germany Approves Sale of Utility’s Oil and Gas Unit to Russians

BERLIN — The German government has approved the sale of the utility RWE’s oil and natural gas subsidiary, RWE Dea, to a team of Russian investors, the company confirmed on Friday.

Germany's Angela Merkel praises growth-friendly budget policies

BERLIN: Growth-friendly budget policies such as higher investment in innovation, research and transport were crucial to helping Germany cut its debt Chancellor Angela Merkel said on Saturday.

Challenging France to Do Business Differently

PARIS — Louis Gallois, one of France’s most influential industrialists, knew he was about to make waves for the country’s Socialist president.

Bundesbank: Greece will need haircut, but later

BERLIN (AP) — Greece's creditors will eventually have to write down the value of the country's debt further, but only after Athens has done the hard work of getting its budget into shape and reforming its economy, Germany's top central banker said Friday.

Merkel, Hollande pledge to consult on EADS

LUDWIGSBURG, Germany (Reuters) - France and Germany pledged on Saturday to consult closely on plans by Airbus parent EADS and Britain's BAE Systems to forge a new aerospace and defense giant, but announced no joint decisions on the $45 billion merger plan.

France, German leaders meet amid euro, Syria crises

PARIS (Reuters) - The French and German leaders meet on Monday in Paris for annual talks in which they will seek further economic coordination in the crisis-hit European Union and discuss the escalating violence in Syria.