Germany

Report: Germans arrested in Kosovo were intelligence agents

Berlin - Three Germans arrested in Kosovo in connection with a bomb attack on the European Union (EU) headquarters were intelligence service operatives, German media reported Saturday.

Two dead, dozen hurt in winter accidents in Germany

Berlin, GermanyHamburg - Snow and ice played havoc on German roads, causing numerous accidents that left two dead and more than a dozen injured, police said Saturday.

The abrupt arrival of winter turned roads in skating rinks, forcing police to close the A4 autobahn near the eastern city of Dresden for several hours after it was blocked by trucks unable to move forward.

US economy needs additional support: Soros

Financial CrisisBerlin - The US economy needs 300-600 billion dollars in additional support measures to help it weather the financial crisis, billionaire George Soros was quoted as saying by German news magazine Der Spiegel on Saturday.

"A major stimulus programme" was needed to help the ailing economy and provide US cities and states with sufficient cash, said Soros, one of the world's richest men. In addition, an infrastructure programme was needed, he said.

Merkel predicts more bad news on economic front

Chancellor Angela MerkelBerlin - Germany, the first of the G7 powers to declare an official recession, can expect more bad news on the economic front in 2009, Chancellor Angela Merkel said in an interview released Saturday.

"We have to be prepared for the fact that the coming year, at least in the first few months, will be a year of bad news," she told the newspaper Welt am Sonntag.

She said the current business climate made it much more difficult to predict how the economies of Germany, its partners in Europe and the world at large would develop.

Karlsruhe in free-fall after 0-1 loss to Borussia Dortmund

Karlsruhe, Germany  - Karlsruhe SC was defeated at home by Borussia Dortmund 1-0 Friday night, continuing their dramatic downward spiral in the German Bundesliga.

Karlsruhe have now lost seven of their last eight matches and remain third from bottom in the league, while Dortmund climbed to fourth place.

KSC manager Edmund Becker acknowledged his team was in a "difficult situation" only 14 matches into the football season. Dortmund manager Juergen Klopp said his side's win was "deserved."

Mohamed Zidan scored the match's only goal in the 20th minute on a cross from former Karlsruhe player Tamas Hajnal.

Three German banks tap state funds for aid

Three German banks tap state funds for aidBerlin  - Three reeling German banks tapped state funds for billions of euros in aid Friday.

Hamburg-based HSH Nordbank said SoFFin, a federal government agency which has a 480-billion-euro war chest, had agreed to provide it with up to 30 billion euros (37 billion dollars) in guarantees to rescue it.

Chief executive Dirk Jens said the shareholders, which include two German states - Hamburg and Schleswig-Holstein, would also provide equity to the battered institution that announced weeks ago it was seeking SoFFIn aid.

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