Merkel wins as South Europe waited for changes

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Angela Merkel won the Sunday-held Bundestag election with 41% of votes and will most probably remain the Chancellor for four more years. Despite that, the Southern Europe did not expect such a result, as they blame Merkel for spending cuts, unemployment and debt crisis. Now they hope for a Merkel coalition with Social Democrats that can change the current crisis management policy.
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Mon, 23 Sep 2013 12:30:03 GMT

Oracle's Ellison gets 18% lower salary

Larry Ellison, the CEO of Oracle Corp., decided to refuse his annual bonus for the fiscal year 2013, as the company missed profit estimates. Thus, he will get the $78.4 million annual salary, a decrease of 18% from the previous year. Currently he is ranked eighth richest man is the U.S., as his fortune is estimated at $41.8 billion. Oracle

Mon, 23 Sep 2013 11:55:02 GMT

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