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Thursday, May 9, 2013

From the Heart of Europe | 09.05.2013, 14:00 UTC

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World
European Ties
Is Germany's image improving in the UK?
In the UK, Germany has long been derided as a nation of humorless sausage eaters. But British authors, businesses, cultural institutions and sports fans seem to be having a change of heart.
Awards
Dalia Grybauskaite: the Iron Lady of Lithuania
It's known as the "Oscar of politics." Whoever receives the Charlemagne Prize is esteemed in Europe and beyond - such as this year's laureate: Lithuania's President Dalia Grybauskaite. But her style is controversial.
Eurozone crisis
532 billion euros to rescue five countries
Cyprus is clearing the last hurdles for money to flow from the European rescue fund, ESM. Five eurozone states now have loans for half a trillion euros. Who pays what and who receives the loans?
Business
Corporate Reports
Sony reports first annual net profit in five years
Electronics giant Sony is back in the black for the first time in five years. A weaker yen has offered hope the Japanese company can again become a market leader after record struggles.
Taxes
Growth in German tax income to slow in coming years
Germany must slightly lower its planned spending in the years to come as tax experts have calculated slower-than-predicted growth in tax revenue. But authorities are still far from having to tighten their belts.
Trade
New WTO chief inherits crisis-plagued body
The World Trade Organization (WTO) threatens to fall into obscurity, as it is proving unable to overcome differences among its members. Its new leader Robert Azevedo needs diplomatic diligence to ensure its survival.
Trade
EU imposes anti-dumping duties on Chinese solar panels
The European Commission has agreed to impose high, anti-dumping tariffs on imports of Chinese solar panels. The decision is now up for debate among EU member states.
News
Russia
Moscow military parade marks WWII Victory Day
Russia has held a major military parade in the center of Moscow, an annual May 9 tradition to mark the German surrender in 1945 and the end of the Second World War in Europe. This follows French ceremonies on Wednesday.
Italy
Silvio Berlusconi's tax fraud conviction upheld
An Italian appeals court has upheld the tax fraud conviction against former Prime Minister Silvio Berlusconi. He is expected to appeal the ruling in Italy's highest court.
World War II
France and Poland mark 68th Victory in Europe day in Paris
French President Francois Hollande was joined by Polish President Bronislaw Komorowski for the 68th annual Victory in Europe (VE) Day celebrations in Paris. Hollande spoke about compromise with Germany.

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