On behalf of the group, German MEP Axel Voss said it would ensure better protection of data for air passengers, and warned that aircraft carriers would be left in "legal limbo" without the international agreement.

BBC: MEPs clash over data-sharing agreement

PIN, which belongs to the publisher Axel Springer, said it would dismiss 1, 000 workers.

ECONOMIST: Pay in Germany

Investors would be wise not to expect miracles out of Europe anytime soon, said Axel Weber, chairman of the board at UBS Bank.

FORBES: Don't Expect Miracles In Europe, UBS Chairman Says

Axel Pawlik, managing director of RIPE which hands out net addresses in Europe, said he expected the entire stock to run dry in September 2011.

BBC: Net approaches address exhaustion