Word: luxembourgers
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Aziliz Gouez, 29, anthropologist I might start the day at Librairie José Corti, tel: (33-1) 4326 6300, an old bookshop with beautiful woodwork across from the Luxembourg Gardens. It was founded by José Corti, a man of exceptional taste, who published Julien Gracq and other surrealists. After that I'd head up Rue Saint-Maur, stopping for lunch at the magnificent Algerian pastry shop La Bague de Kenza, tel: (33-1) 4314 9315. I'd order something hot like a m'hajeb - bell-pepper-and-tomato-stuffed pastry. Finally, my day would end at the bistro...
...under financial firms is excessive. One of the things that these governments rarely admit is that they may not have the capacity to borrow in the open debt market the way that the U.S. Treasury can. China may not want to own paper from the Grand Duchy of Luxembourg and it is hard to blame the communist central government in the big Asian country for that. The U.S. is still viewed as unique in both the size of its GDP and its potential to maintain impressive economic growth rates over long periods of time, in large part because...
...other side of the Atlantic, European Union governments have spurned entreaties to let funds flow into their staggering economies. "Europe has done what it needed to do," says Luxembourg Prime Minister Jean-Claude Juncker, who is also chairman of the 16-member euro zone, adding that the U.S.'s appeals "were not to our liking...
...summit in Brussels on March 1, German Chancellor Angela Merkel rejected the call for a mass bailout. Luxembourg Prime Minister Jean-Claude Juncker, who chairs meetings of the eurozone's finance ministers, dismissed the idea of relaxing the entry criteria to the euro. And French President Nicolas Sarkozy, who just a few weeks ago raised the specter of a return to protectionism when he suggested that French carmakers should close their factories in the East and move home, accused Eastern Europe of putting the entire E.U. at risk...
...German Chancellor Angela Merkel rejected calls for a mass bailout. And Luxembourg Prime Minister Jean-Claude Juncker, who chairs meetings of the Eurozone's finance ministers, dismissed appeals by wannabe members to relax entry criteria for single European currency. U.K. Prime Minister Gordon Brown - clearly eying French President Nicolas Sarkozy - denounced protectionism as a "road to ruin". And Sarkozy himself testily denied being protectionist but then accused eastern Europe of putting the entire E.U. at economic and political risk...