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Thursday, January 31, 2013

From the Heart of Europe | 31.01.2013, 15:00 UTC

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Business
Retail
German retail sales dip in 2012 after December slump
German retailers have posted a steep decline in revenues over the past 12 months. Surprisingly, seasonally and price-adjusted sales have not reflected a general uptick in consumer confidence.
Aviation
Ryanair passengers win volcano damages at EU court
The European Union's top court has ruled that low-budget carrier Ryanair of Ireland has to pay more compensation to passengers stranded during the 2012 volcano eruption in Iceland. It had so far refused many claims.
Jobs
German unemployment rises above 3-million mark
Germany's jobless total has risen over the past four weeks in unadjusted terms, crashing through the psychologically important barrier of 3 million people seeking work. Seasonal factors helped explain the surge.
Banking
Deutsche Bank incurs losses amid restructuring
Germany's Deutsche Bank, the biggest lender in Europe's economic power house, has reported hefty losses for the final quarter of 2012. The bank is in the middle of its biggest restructuring process ever.
News
European Union
Merkel meets with Italy's Monti, "optimistic" on EU budget deal
German Chancellor Angela Merkel has met with Italy's prime minister, Mario Monti, in Berlin a week ahead of renewed EU budget talks. Merkel said she is "very optimistic" that a deal will be reached.
Greece
Greek public transport workers and doctors strike in Athens
Public transport workers and doctors in Athens have launched a 24-hour strike to protest Greece's latest austerity measures. A fresh 25-percent cut to public servant incomes has sparked regular protests.
Crime
Europol arrests 103 in migrant smuggling network
European police have arrested 103 people in 10 countries in a major migrant smuggling sting. Police called it the biggest raid on a migrant smuggling network in the history of the European Union.
Human Rights
French parliament begins gay debate, opponents strident
Debate has begun in France's parliament over a government bill to legalize gay marriages and adoptions after weeks of strident objections from conservatives and the Catholic Church. The vote is due February 12.
World
European Union
Moving right in Hungary
When Hungarian Prime Minister Viktor Orban visited Brussels, he had to deal with European criticism of his economic policies, but the EU keeps quiet about the country's lurch to the right.
Ukraine
Ex-policeman gets life for journalist's murder
A former police general has been found guilty of the murder of a critical journalist, causing new speculation about the role of former president Leonid Kuchma in the case.

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