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Thursday, November 15, 2012

From the Heart of Europe | 15.11.2012, 15:00 UTC

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Business
Tourism
German travel firms look back at bumper business season
A record number of bookings washed higher profits into the coffers of German tour operators in the past season. As Germans travelled like never before, foreign destinations benefited most from the tourism boom.
Aviation
Germany's Air Berlin flies out of turbulence zone
Germany's second-largest carrier, Air Berlin, has posted a huge jump in earnings amid ongoing endeavors to make the airline leaner. Several cost-cutting programs are under way to leave unprofitability behind.
Eurozone
Recession hits eurozone despite growth in Germany, France
A slight expansion of economic activity in Germany and France couldn't save the eurozone from a second recession in four years. The serious slump in the area's southern periphery gives little hope for a recovery soon.
Growth
German economy slows amid eurozone growth worries
The slump in its main markets in Europe has slowed economic activity in Germany, causing third-quarter gross domestic product to expand only slightly. Consumption and exports have helped it stave off more dire straits.
News
Greece
Greek protesters attack German official
A German official attending a meeting was attacked by protesters in northern Greece on Thursday. Riot police on the scene intervened, but did not arrest the assailants.
Eurozone crisis
Strikes sweep southern Europe as austerity bites
Disgruntled workers have marked their opposition to eurozone austerity programs in a string of countries, most notably Spain and Portugal. Police and protesters came to blows in Spain and Italy.
World
Human Rights
Freedom of expression under threat in Europe
On the Day of the Imprisoned Writer, PEN International is warning about developments in Europe. Vice President Sascha Feuchert is particularly worried about Turkey and Hungary.
Climate
EU to tighten emissions trading
Emissions trading has stopped working and the price for CO2 certificates has collapsed. Now the EU wants to remove certificates from the market, but there are those who profit from the low price.
Strikes
Spaniards demand fundamental reforms
Millions of workers joined strikes across southern Europe on Wednesday to protest against spending cuts and tax hikes. In Spain, some fear "Greek conditions;" others are convinced the country needs radical reforms.
Turkey
Erdogan courts voters with the death penalty
Turkish Prime Minister Erdogan has opened a debate about reintroducing the death penalty in Turkey - probably with an eye on the presidential elections in 2014.

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