The country’s present excellent credit rating may deteriorate sharply after a couple of years due to the downward economical trend and gradually increase of public debt, feared experts.
The ... details
German industrial giant Siemens CEO Peter Löscher has been forced to resign due to the company's poor performance, news agency STT reported quoting AFP and Reuters.
Siemens issued a profit warning on Thursday in the second.
Siemens announced that its President and CEO was fired on Saturday.
The company was tight-lipped, in a statement, but critics of Löscher said Siemens, increased the lead in 2007after the CEO has managed to achieve the performance targets and "promised to continue too much."
Thursday's profit warning came after Löscher still assured the public of exports to the end of his term ... details
Oona Kettunen has become the 10,000 meter under-19 European champion in the Kaleva Athletics competition held in Vaasa on Sunday.
She took about34 minutes 39 seconds to complete the race. ... details
Defending champion Germany snatched the title of Women´s Euro-2013 for consecutive sixth times as they beat Norway by a solidarity goal in the final on Sunday.
The final match of the tournament ... details
Normal life at Karjaa on Saturday was disrupted due to heavy rainfall accompanied by thunder storm and lightning that caused water logging-triggered traffic tailback in many parts of the city, residents and fire services sources ... details