Germany’s Draexlmaier Opens New Factory in Romania

German car parts maker Draexlmaier is to open a new factory in Pitesti, in southern Romania, where it will manufacture components and wiring.

Some 500 people will be hired, adding to the existing some 14,000 people who already work for Draexlmaier in its five Romanian factories, the company said on Tuesday.

Glezos quits committee on WWII reparations

SYRIZA MP Manolis Glezos on Tuesday quit Greece's cross-party committee on World War Two reparations, saying that the body had failed to live up to its task.

Glezos, a WWII resistance hero, said that instead of seeking ways to claim German compensation for Nazi crimes, the committee had degenerated into a “study group.”

Negotiators Try to Release Detained OSCE Observers in Slaviansk

Negotiators are trying to release a group of observers from the Organisation for Security and Cooperation in Europe (OSCE) being held by pro-Russian separatists in Ukraine.

Germany's defence minister, Ursula von der Leyen, has confirmed that 13 mission members have been arrested, including the observers, their interpreter and driver.

G7 'to intensify Russia sanctions'

The G7 group of economic powers has agreed to intensify sanctions on Russia over its actions in Ukraine.

A G7 statement gave no detail of the sanctions, but US officials said they could announce measures by Monday, reports BBC.

Meanwhile, negotiators are trying to secure the release of international observers seized by pro-Russia gunmen.