From the Heart of Europe | 08.11.2012, 15:00 UTC

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From the Heart of Europe 08.11.2012 | 15:00 UTC Business Trade German exports see biggest slump since end of 2011 The world's second-largest exporter, Germany, has seen demand for its products going down sharply in September. Statisticians say the fall has been the steepest since the end of last year. Telecommunications T-Mobile USA rips a dent in Deutsche Telekom's profit Germany's Deutsche Telekom has posted huge third-quarter losses as earnings have been heavily affected by a write-down at its T-Mobile USA division. But full-year profit forecasts and dividends remain unchanged. Corporate Reports Siemens to launch large-scale cost cutting German engineering giant Siemens has announced it will cut several billion euros in operating costs over the next two years. The move comes on the back of a steep drop in full-year profits. World International Relations Bridging the gap? 'Tough talking' in London Did David Cameron's 'tough talking', or Angela Merkel's 'charm' win the day in London and has the gap between Britain and the EU been bridged, or further widened, after a the two leaders met? Britain's continental drift away from the EU Cameron: 'The plates of Europe are moving' EU summit reaches banking compromise Russia Investigators build case against Putin opposition Investigations continue into allegations of "mass disorder" in Moscow during Putin's inauguration. If one man decides to plead guilty, it may harm other opposition leaders' chances of escaping prison. Russian ultranationalists march on Moscow Russian opposition figure charged with plotting riots Russian opposition chooses new leadership News Eurozone Merkel meets Cameron over EU budget differences German Chancellor Angela Merkel has met with British Prime Minister David Cameron to discuss the European Union's new budget plan. Cameron is hesitant to approve increased funds, saying Europe must live within its means. Britain's continental drift away from the EU Greece Greek lawmakers pass austerity measures Greek lawmakers have narrowly approved new financial austerity measures. The legislation came as tens of thousands gathered to protest outside parliament. Protest in Greece The EU budget: who pays what? Greece Violence erupts in Athens before austerity vote A largely peaceful rally near Greece's parliament has turned violent hours before lawmakers are to vote on new austerity measures. Meanwhile, parliament employees went on strike, bringing the debate to a halt. France French Cabinet approves same-sex marriage bill President Francois Hollande's government has signed off on a bill that could legalize same-sex marriage in France. The move comes as leaders from major religious groups are sharply criticizing the change. Politics Czech government survives confidence vote on tax The Czech Republic's center-right government has survived a taxation vote that turned into a "no-confidence" motion. Rebels from the prime minister's own party eventually backed down, fearing a snap election.   Unsubscribe   Personal Data   Feedback   Imprint © Deutsche Welle 2012