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Thursday, December 6, 2012

From the Heart of Europe | 06.12.2012, 15:00 UTC

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Business
Banking
ECB holds key lending rate despite bleaker outlook
The European Central Bank has left borrowing costs in the euro area unchanged. But it has also reiterated its resolve to help debt-stricken nations, with its new bond-buying program yet to be tapped.
Taxes
EU pushes for crackdown on tax evasion
The European Union executive Commission has unveiled details of a plan to curb massive tax evasion and avoidance. The plan urges EU members to crack down on tax havens and close legal loopholes.
Housing
Rental housing shortage a reality, German lobbyists say
The German Tenants' Association (DMB) has warned there's a dire lack of affordable housing across the country. It's called on the government to fix the problem with more subsidies and development funds.
Banking
Deutsche Bank accused of hiding huge losses
Deutsche Bank misvalued a giant derivatives' position, in an attempt to avoid a bailout in 2007, the Financial Times has reported. The allegation hails from three former employees, but is dismissed as untrue by the bank.
World
Housing
Evictions in Spain prompt spate of suicides
In Spain, several recent suicides have prompted authorities to declare a two-year moratorium on some home repossessions, for humanitarian reasons. But others still face losing their homes, and public anger is growing.
Language
A day in the life of an EU interpreter
Interpreters oil the wheels of the EU machine, ensuring that people from all 27 member states can communicate effectively with one another. But it's a skill few people are able to master, as DW found out.
Justice
Dutch ready to revoke blasphemy law
While some countries convict people for blasphemy and tighten laws concerning insulting religions, the Netherlands aims to strike blasphemy from the books. But the Dutch are going to make one royal exception.
News
Shipping
Cargo ship sinks off Rotterdam after collision, four dead
After a collision off the coast of the Netherlands, a cargo ship called the Baltic Ace has sunk. Four people have been pulled dead from the water, while others are still reported missing.
Afghanistan
NATO discusses Afghanistan's future after troop withdrawal
NATO foreign ministers have tackled the problem of Afghanistan's future after the alliance withdraws its troops in 2014. Germany has warned of possible chaos after the end of the combat mission.
Aviation
EU updates 'air safety list:' Eritrea banned, Mauritania OK
The European Commission has updated its list of airlines subject to bans within the EU to include airlines certified in Eritrea. Previously banned airlines from Mauritania have been removed from the ban list.

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