From the Heart of Europe | 25.10.2012, 14:00 UTC

If you cannot view this message correctly, please click here.

From the Heart of Europe 25.10.2012 | 14:00 UTC Business Auto Industry Ford to end carmaking in UK after closing Belgium plant Over a century of Ford auto production in the UK will come to an end, as the US carmaker plans to shutter its van plant at Southampton in 2013. A total of 1,500 British jobs will be lost as Ford slashes overcapacity. Auto Industry Porsche gets third quarter boost for record year German luxury carmaker Porsche outpaced previous records in sales, profits and revenue, and appears set for the best year in company history. High demand in emerging markets makes the firm forget the car slump in Europe. Growth DIW institute sees economy grow even in final quarter A leading German think tank has said that Europe's largest economy will be able to steer clear of recession in the fourth quarter of this year. Its assessment is more optimistic than of other institutions'. Banking Bank lending in the eurozone worsens again The eurozone banks' lending activities have slowed down even more, with private households and companies facing difficulties to take out loans. ECB counter-measures have so far failed to improve the situation. World Economy Greece fights eternal battle against tax evasion Greece is struggling to combat tax evasion and corruption. Last summer, the tax debts reached a record level of 45 billion euros. But so far, the state has recovered just 19 million euros of this debt. Greek savings are a 'sensational achievement' Task Force sees progress in Greece Encouragement but no commitment for Athens Politics Scottish teens to cast symbolic vote Scotland will cast its independence vote in 2014 and, for the first time, 16-year-olds will head to the polls. Though they're unlikely to swing the vote, Europe will be listening closely to what they have to say. Listen to the radio version of the report Scotland goes from nuclear to wind and waves To each his own Scots officially set for vote on sovereignty Business EU divided over issue of gender quotas Some politicians, including the European justice commissioner, are calling for more women to enter the top floors of European companies. But others counter that gender is not important and only skills count. EU bid for women managers contentious German parliament approves gender quota EU pushes for more women's quotas News European Union EU parliament rejects ECB candidate The EU parliament has narrowly voted against the controversial appointment of a top male nominee to the European Central Bank's advisory board. The vote, however, can still be overridden be EU finance ministers. EU pushes for more women's quotas Greece Greece claims two-year reprieve on bailout program Greek Finance Minister Yannis Stournaras has said his debt-laden country would be given more time to meet bailout requirements. EU officials, however, say a deal is still being worked on. Greek savings are a 'sensational achievement' Politics Berlusconi quits to sidelines for next election Former Italian premier Silvio Berlusconi has said he will not stand as a prime ministerial candidate in elections next year. The controversial media magnate employed an unusual soccer metaphor to announce the news.   Unsubscribe   Personal Data   Feedback   Imprint © Deutsche Welle 2012