From the Heart of Europe | 18.04.2013, 14:00 UTC

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From the Heart of Europe 18.04.2013 | 14:00 UTC News Italy No new Italian president in first round parliament vote The Italian parliament has failed to elect a new president in its first vote on Thursday. No single candidate won a two-third majority of the votes; another round is due to take place later in the day. Business Defense German tank producer secures huge order from Qatar German defense company Krauss-Maffei Wegmann said it has received an order from Qatar worth almost 2 billion euros ($2.61 billion). The company is set to deliver tanks and other vehicles. Brazil buys German tanks ahead of World Cup, Olympics Growth German think tanks revise down growth forecast Germany's four leading economic research institutes have pared back their growth forecast for Europe's largest economy. They said growth would stay below the previously expected rate, but were more positive about 2014. German business confidence grows Eurozone German parliament votes for Cyprus rescue package German lawmakers have thrown their weight behind a multi-billion-euro rescue scheme for crisis-stricken eurozone member Cyprus. In a vote in the Bundestag in Berlin, they agreed there was no alternative to the bailout. EU finance ministers approve aid for Cyprus Trade Japan posts record trade deficit despite weaker yen Japan has logged a tremendous trade deficit in the last fiscal year in spite of attempts to depreciate its currency and thus foster exports. The country has suffered from rising costs for imported gas and oil. Back to normal after Fukushima? World Society La dolce vita gets emergency soundtrack Good times in Italy are a thing of yesterday. The crisis has sobered people. But a group of young men from the South are reversing the trend. With their YouTube videos they want to put a smile back on the nation's face. Happiness through creativity Spain Young entrepreneurs revive Spanish market They had nothing to lose, so they took the plunge. With little money but great organizational skills, many young Spaniards in Madrid are setting up on their own, as traders on a market that's facing demise. Young and entrepreneurial in Madrid Unemployed youth turn their backs on Spain Ireland Euro crisis leads to alternative economy The Clonakilty Favour Exchange is drawing attention in financially beleaguered Ireland. Here, the age-old motto "time is money" has been inverted, and money is now time. The currency of time Greece A doctor for the poor Michalis Charalampidis is unemployed, but still has lots of work to do. He volunteers as a crisis doctor in Thessaloniki, offering medical advice and treating the poor. The catch: they pay nothing and he earns nothing. The crisis doctor Plan B Will trade feta cheese for yoga course Nadia Kalogeropoulou from Thessaloniki has been unemployed for more than two years. She gets no money from the state, but has found a way to ensure she gets what she needs: She swaps things. Value versus worth   Unsubscribe   Personal Data   Feedback   Imprint © Deutsche Welle 2013