Deutsche Welle

Germany is preparing a bail-out that permits the recapitalization of banks with billions of euros in cash injections, according to news reports. The IMF warned of the growing possibility of a global finance "meltdown."

As private banks falter under the financial crisis, state-owned Sparkasse savings banks are enjoying a flood of new business as Germans deposit their money in the institutions based on a traditional bank model.

One day after assuring customers it was implementing new privacy protection measures, Deutsche Telekom was struck by another security lapse. The company said it patched the holes allowing outside access to customer data.

Some 64 years after the massacre by German soldiers of 124 people in the village of Maille in western France, the alleged perpetrators have been identified, a press report said.

An Iranian businessman arrested a week ago in Germany on suspicion of illegal exports to Iran was a valued agent of the German foreign intelligence service BND, a German news magazine reported on Saturday.

As Germany Friday, Oct. 10 stepped up diplomatic pressure to regulate financial markets under an eight-point plan, Berlin denied it had plans to nationalize commercial banks.

German telephone giant Deutsche Telekom said Friday it would tighten up data-privacy rules and appoint a seventh board member in charge of corporate compliance and legal issues.

At a mass commemorating the 50th anniversary of the death of Pope Pius XII, Pope Benedict XVI defended his predecessor during the Nazi reign and alluded to possible sainthood for the controversial religious leader.

Global warming calculations have been too optimistic and global sea levels are likely to rise a full meter this century, senior German scientists have warned. They say UN-backed data on climate change is out of date.

The European Court of Human Rights has rejected a land claim by ethnic Germans who lost homes in Poland during World War II. The decision was welcomed by the leaders of both countries.

Bird flu has returned to Germany, with the H5N1 influenza virus breaking out among farm ducks in the eastern state of Saxony, officials said Thursday.

Berlin was hoping to generate billions of euros from the sale of its national railway, but now with the international financial crisis perhaps it's better if they wait for a better time.

German authorities carried out nationwide raids Thursday as part of an investigation into a youth group accused of indoctrinating children and teenagers with neo-Nazi ideals.

Musicians across Germany have put down their instuments in protest over what they consider low pay.

German Agriculture Minister Horst Seehofer won nomination Wednesday, Oct. 8 to become premier of the southern state of Bavaria, making his election a practical certainty.

The world's first double arm transplant recipient, a 54-year-old German farmer, said he's doing well and is slowly re-learning to move his arms.

German gold dealers have stopped taking new orders for the precious metal as demand has skyrocketed. Gold is seen as a safe investment during the market turmoil.

Germany's Harald zur Hausen, who won the Nobel Prize in medicine for research into cervical cancer, spoke out against the high cost of a new vaccine against the virus which mostly kills women in developing nations.

The mayor of Cologne, who is a proponent of a disputed mosque in the west German city, has asked Prime Minister Erdogan to similarly support construction of a shrine for Saint Paul in Tarsus.

Two Somali-born men hauled off an airplane at the Cologne airport last month minutes before takeoff and arrested on terrorism charges have been released for lack of evidence, German prosecutors say.