From the Heart of Europe | 10.11.2011, 15:00 UTC

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From the Heart of Europe 10.11.2011 | 15:00 UTC   Europe  |  Business Europe European Union Greek parties tap former central banker as prime minister Greek party leaders have agreed on Lucas Papademos, a former vice-president of the European Central Bank, to head a new interim government until early elections are called some time next year. Athens due to announce caretaker government Bankruptcy in Greece risks destabilizing global financial system Greece faces deadlock over unity government Opinion: Greece must take its medicine Russia Experts say Russian membership in the WTO is a long time coming WTO membership for Russia has moved another step closer. Experts in Germany say joining the body would offer Russia economic and legal advantages on the world market, and would help it modernize its economy. Compromise with Georgia clears way for Russian WTO membership US wary but committed to Russian 'reset' EU backs Russia's entry to World Trade Organization Economy Italian borrowing costs hit unsustainable level Italian Prime Minister Silvio Berlusconi has said he will resign and not run for office again - but the announcement has failed to calm the ongoing turmoil on world markets. Berlusconi vows to resign Berlusconi rules out re-election Financial markets lose faith in Italy Eurozone sketches out stability plan as fears linger over Greece and Italy Opinion Opinion: Berlusconi's resignation was necessary Silvio Berlusconi's announcement that he will step down soon comes after an unparalleled career in Italian politics. After decades of dodging critics and scandals, financial markets were the prime minister's Waterloo. Berlusconi rules out re-election Tens of thousands demonstrate for Berlusconi's resignation Greece Unity government negotiations are 'done,' says president Greek politicians appear to have made progress in their unity government talks. Prime Minister George Papandreou is expected to step down shortly, making way for a new, as-yet-unknown leader. Greek IT entrepreneurs see success despite the crisis Eurozone sketches out stability plan as fears linger over Greece and Italy Greek leaders haggle over details of new unity government Opinion: No vote of confidence for the EU Economy Berlusconi rules out re-election Italian Prime Minister Silvio Berlusconi has promised to step down next week after the adoption of an economic stability law. He said he would not stand for office again. Berlusconi says he's leaving Opinion: Berlusconi's resignation was necessary Financial markets lose faith in Italy Vote in Italy's parliament could spell Berlusconi's demise Eurozone sketches out stability plan as fears linger over Greece and Italy Business Energy Time running out to curb global warming, watchdog warns The International Energy Agency has warned that the world faces irreversible and dangerous climate change if governments fail to cut rising subsidies for fossil fuels and take steps to increase energy efficiency. Libya may serve as example to other oil rich countries Nord Stream: A commercial project with a political vision Turkey taps wind power to sustain growth Italy Italian president pushes tough sell on skeptical markets Skepticism prevailed on the markets regarding Italian Prime Minister Silvio Berlusconi's announcement that he would step down, leading the country's president to assure that a swift transition was coming. Berlusconi vows to resign Italian borrowing costs hit unsustainable level Opinion: Berlusconi's resignation was necessary Financial markets lose faith in Italy   Unsubscribe Personal Data Feedback Imprint   © 2011