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Germany's 2004 Budget Plan Breaches EU Deficit Limit
Bloomberg ^
| September 03 2003
Posted on 09/03/2003 10:10:43 AM PDT by knighthawk
Edited on 07/19/2004 2:11:49 PM PDT by Jim Robinson.
[history]
Sept. 2 (Bloomberg) -- Germany's draft federal budget for next year incorporates new borrowing that already breaches a European Union rule limiting deficits to 3 percent of gross domestic product, a lawmaker said.
Finance Minister Hans Eichel plans to raise 28.8 billion euros ($31.3 billion) in new debt next year when a limit of 24 billion is necessary to keep the deficit below 3 percent of GDP, said Antje Hermenau, a Green Party lawmaker, citing talks with unnamed EU officials.
(Excerpt) Read more at quote.bloomberg.com ...
TOPICS: Business/Economy; Germany; News/Current Events
KEYWORDS: breaches; deficit; europeanunion; germany; limit
To: MizSterious; rebdov; Nix 2; green lantern; BeOSUser; Brad's Gramma; dreadme; Turk2; Squantos; ...
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2
posted on
09/03/2003 10:11:07 AM PDT
by
knighthawk
(Full of power I'm spreading my wings, facing the storm that is gathering near)
To: knighthawk
More German unilateralism. Acting with no consideration for the opinions of their allies.
3
posted on
09/03/2003 10:12:45 AM PDT
by
jalisco555
(Against stupidity the gods themselves contend in vain.)
To: knighthawk
Germany risks infringing the EU's deficit limit a third year in 2004 as economic growth remains weak. France is doing the same thing. I guess the EU rules don't apply to the Big Two.
4
posted on
09/03/2003 10:14:38 AM PDT
by
xJones
To: knighthawk
Germany's 2004 Budget Plan Breaches EU Deficit LimitI wonder if (R)nold will take notes from his EuroSocialists roots and see how easy deficit spending can be.
5
posted on
09/03/2003 10:17:58 AM PDT
by
PeoplesRep_of_LA
(Stop Dividing the Republican base; vote McClintock on October 7, 2003!)
To: knighthawk
The french and germans wrote the rules, so of course they don't apply to them.
6
posted on
09/03/2003 11:27:24 AM PDT
by
Humvee
To: xJones
Rules are only for the untermenschen.
7
posted on
09/03/2003 11:29:14 AM PDT
by
dfwgator
To: PeoplesRep_of_LA
Hey, most Americans have "EuroSocialist" roots, or whatever you meant, since most Americans are German Americans.
The fact is, Europe and the U.S. need to stick together so lets cut the B.S.
8
posted on
09/03/2003 12:29:12 PM PDT
by
Norse
To: Norse
Too bad you don't understand what EuroSocialist means.
Failing that, don't lecture me, and don't give me this ol song and dance about detante either.
ps. Where in the wide world of government subsidies did you pull that most Americans are from Germans thing, source?
9
posted on
09/03/2003 12:34:59 PM PDT
by
PeoplesRep_of_LA
(Stop Dividing the Republican base; vote McClintock on October 7, 2003!)
To: PeoplesRep_of_LA
Sure i know what a EuroSocialist is.
And yes most Americans are of German ancestry, thats a fact. Why don't you look it up.
10
posted on
09/04/2003 9:50:57 AM PDT
by
Norse
To: Norse
stick together???? we mix with the euro trash like water and oil..its time to break all ties with them! they picked the side their on now let them rot!
11
posted on
09/04/2003 9:54:15 AM PDT
by
rrrod
To: Norse
Cuz I don't care about weird, irrelevant German nationalism.
12
posted on
09/04/2003 9:54:45 AM PDT
by
PeoplesRep_of_LA
(Stop Dividing the Republican base; vote McClintock on October 7, 2003!)
To: PeoplesRep_of_LA
I'm not talking about German nationalism
13
posted on
09/04/2003 10:27:54 AM PDT
by
Norse
To: rrrod
Yeah. Let the British and Spanish and Polish and Hungarians rot. Or do you not like having them as allies?
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