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Thursday, April 25, 2013

From the Heart of Europe | 25.04.2013, 14:00 UTC

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World
Russia
German NGOs worried about Russian partners
One month ago, German political foundations were searched by Russian public prosecution, triggering a wave of criticism in Berlin. The foundations haven't had any problems since, but they're worried for their partners.
Politics
Bulgarians turn to right and left-wing parties
Parties on the right and left-wing in Bulgaria benefit from voters' concerns about the impact of the financial crisis. There is also a growing acceptance of xenophobic views ahead of elections in May.
Greece
Statistics with bite
National debt, youth unemployment - the economic crisis has drastically worsened the situation in many countries. There are lots of statistics on the issue, but here we consider them from a different perspective.
Business
Corporate Reports
Munich Re to log best Q1 result in years
The world's largest reinsure has said it's expecting surprisingly strong earnings for the first three months of the year. Munich Re told shareholders results would be just as good as before the global financial crisis.
Industry
Evonik chemicals maker cashes in on stock market debut
Shares in chemicals maker Evonik have jumped during their first day of trading in the German stock market, completing a successful initial public offering for the German firm. Evonik now aims to expand its operations.
Growth
German government predicts slightly higher growth this year
The German government's latest growth forecast for the domestic economy suggests a marginally faster expansion than thought previously by Berlin. Yet predictions remained cautious with the euro crisis far from over.
Trade
Date set for talks on Asia-Pacific free trade zone
China and 15 other Asia-Pacific nations have agreed to launch a first round of talks next month aimed at creating one of the world's largest trading blocs. China is trying to outpace a similar effort by the US.
News
War crimes
Serbia's president apologizes for 1995 Srebrenica massacre
Serbian President Tomislav Nikolic has apologized for the massacre of 8,000 Muslims, killed by Serbian forces in Srebrenica at the height of the Bosnian War. He stopped short, however, of defining it as genocide.
China
Hollande begins French trade visit to China
President Francois Hollande has begun a visit to China as France strives to catch up on other Western nations' trade with Asia's economic giant. Traveling with him is a large French trade delegation.
Unemployment
Spain's unemployment hits record high of 27 percent
Spain's unemployment rate has jumped to a record high of 27.2 percent. According to Spain's National Statistics Institute (INE) some 6.2 million people are without work.

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