Word: steinbruck
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...latest proposals in a senseless race to spend billions," said Merkel, who has announced $15.4 billion in measures to stimulate the German economy - less than half the $33.4 billion France will apply to the same problem, and Britain's $34.8 billion package. German Finance Minister Peer Steinbruck was even more blunt. "Just because all the lemmings have chosen the same way doesn't automatically make it the right way," he told Der Spiegel...
...more appealing. Jorn Schutrompf, who manages the German publishing firm Karl-Deitz, claims that “Marx is in fashion again,” and bookstores peddling Marx’s works have reported sales increases of over 300 percent. Even Germany’s Finance Minister Peer Steinbruck recently conceded in the news magazine Der Spiegel that “one has to admit that certain parts of Marx’s theory are really...
...Germany reaffirmed its determination not to participate in France's plan for a Europe-wide bank bailout plan, modeled on the U.S.'s $700 billion effort. Without Germany's participation, no such plan can proceed. "The Chancellor and I reject a European shield," German Social Democrat Finance Minister Peer Steinbruck told German radio on Monday in reference to the plan, "because we as Germans do not want to pay into a big pot where we do not have control and where we do not know where German money might be used...
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