Nervous investors drove safe-haven German Bund yields close to record lows on Wednesday, amid concern over Greece’s ability to resolve its debt crisis, a day before it must repay a loan to the International Monetary Fund, the Irish Times reported. Although cash-strapped Greece successfully sold €1.138 billionof six-month Treasury bills on Wednesday, doubts remain over its ability to find enough funds to repay all its debts in the coming weeks. Athens must roll over another €1 billion on April 15th.

Innotech Solar has filed for insolvency, blaming its predicament on “general uncertainty within the European PV market”. The filing was made at Narvik in Norway on 24 March, the company said. German subsidiaries ITS Innotech Solar Module GmbH, ITS Halle Cell GmbH and Energiebau Solar Power GmbH, Cologne, also filed for insolvency on 25 March. The insolvency of the three German subsidiaries affects a total of 120 employees. Their wages and salaries will be secured until the end of May by the German Insolvency fund.

Steps should be taken to ensure that the euro zone currency bloc could withstand a possible insolvency of one of its members, Germany's Bundesbank said in its monthly report on Monday. "The financial and state debt crisis ... has yet to be overcome," the Bundesbank said in the report, reiterating that individual states and investors should take primary responsibility for their debts.

Market opinion is divided over the importance of proposed German legislation that would effectively force senior bondholders down the credit capital structure when a failing bank is resolved, Reuters reported. "What the lawmakers have done is effectively put in a clause that clarifies the creditor hierarchy for senior debt and sets out clearly that senior debt is below derivatives and structured notes when it comes to resolution," said one debt banker. "It gives a very practical bail-in hierarchy," the banker said.

German Chancellor Angela Merkel is poised to intervene directly in a deepening rift between Greece and its international creditors, a sign of Berlin’s growing concern that the acrimony threatens the unity of the eurozone, The Wall Street Journal reported. Ms. Merkel and other key leaders are due to talk with Greek Prime Minister Alexis Tsipras on the sidelines of a European Union summit on Thursday night. The chancellor has also invited Mr. Tsipras for face-to-face talks in Berlin on Monday.

Protesters set cars on fire and clashed with police officers on Wednesday as they marched toward the European Central Bank’s new headquarters in a demonstration against austerity and capitalism that took on a markedly more heated tone than past protests, the International New York Times reported. The rally, organized by a group called Blockupy and German workers’ unions, drew thousands of people as the central bank inaugurated its new tower.

Germany's deposit protection fund is planning to take over the property lender Duesseldorfer Hypothekenbank AG (DuesselHyp), which has run into problems due to its exposure to Austrian lender Hypo Alpe Adria's "bad bank" Heta, Reuters reported. The German banking association BdB, which runs the fund, is, however, not planning to wind down the bank, but wants to continue its operations. "The deposit protection fund is granting a guarantee for the Heta bonds to eliminate the immediate risks. The goal is a complete takeover of Duesseldorfer Hypothekenbank," the BdB said in a statement on Sunday.

Europe’s biggest economy needs people who think small. German business is booming and employment stands at a record high. But the surge is driven mainly by decades-old companies. Startups are scarce and getting rarer. That worries policy makers. In a sign of how seriously the government takes the country’s dearth of entrepreneurialism, left-leaning Social Democrat Economics Minister Sigmar Gabriel is pushing to expand tax breaks for startups and trying to ease their path to the stock market. Mr.

Solar-Fabrik, one of the last remaining PV module manufacturers still in German ownership has filed for insolvency, but under self administration, at the local court of Freiburg, PV-Tech reported. The company said that the insolvency proceedings were due to liquidity issues it had projected could occur in the course of the second quarter of 2015, without providing further details. Solar-Fabrik noted that it was not suffering from any form of over-indebtedness and was not insolvent.

The trial against three former managers of the independent utilities discounter Teldafax resumed on Monday, putting an end to a nearly year-long suspension, Deutsche Welle reported. Last February, Teldafax's former senior executives, Klaus Bath, Gernot Koch and Michael Josten, had stood before a Bonn district court and were facing charges of delayed filing for insolvency, unlawful bookkeeping and organized fraud to cover up a bankruptcy. But shortly after the start of the trial, the hearings went into hiatus because the court declared itself not responsible for the case.