Word: zu
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...country whose Economics Minister is named Karl-Theodor Maria Nikolaus Johann Jacob Philipp Franz Freiherr zu Guttenberg, the verdict seems illogical. But on Tuesday, Germany's Federal Constitutional Court rejected a woman's appeal to go by her new married name, Frieda Rosemarie Thalheim-Kunz-Hallstein, arguing that the name is too long...
...aligned with Chancellor Merkel's party. A fluent English speaker, he soon made a name for himself in parliament as a foreign policy and defense expert. But it wasn't until last fall, when the CSU went into meltdown after suffering big losses in the Bavarian state elections that Zu Guttenberg was thrown into the spotlight. Last November the rising star won his party's top job. When Michael Glos quit his job as Economy Minister last month, the CSU decided to replace him with Zu Guttenberg. (See pictures of the danger of printing money in Germany...
...Germans were gobsmacked. Who was this young upstart? Karl-Theodor Freiherr von und zu Guttenberg is a baron, the son of an aristocratic family in Franconia, in southern Germany. His family can trace its tree all the way back to the 12th century. Zu Guttenberg studied political science and law before entering politics and is married to 32 year-old Stephanie, the Countess of Bismarck-Schönhausen, a descendant of the "Iron Chancellor" Otto von Bismarck. (Read a TIME story on Otto von Bismarck...
...While his blue blood credentials are unquestioned, Zu Guttenberg is a novice when it comes to economics. He's worked as chief executive of his family's company, Guttenberg GmbH, which looks after the family's investments, but, apart from that, the minister doesn't have much of a proven track record in economic issues. "Mr Guttenberg's biggest challenge is how to develop concepts to deal with the recession. Up until now, the Economics Ministry has failed to do this," Gustav Horn, the director of Duesseldorf's Macroeconomic Policy Institute says. "Mr Guttenberg is a good...
...sometimes dubbed 'Franconia's Obama' doesn't seem daunted by his new job, even as Germans sink into a period of national soul-searching. "Let's not kid ourselves, we're in the middle of a tough crisis, but we've now got a very good stimulus plan," Zu Guttenberg told Germany's Bild newspaper recently. "We expect the economy will pick up this autumn, at the very latest." The next few days will decide whether Opel will be part of that resurgence...