Kosovo Message Board - Msg: 11170545

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Pastimes : Kosovo

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To: Neocon who wrote (14312)	9/6/1999 5:24:00 PM
From: goldsnow	Read Replies (2) of 17770

What is your view on alchemistry?...abandoned alltogether prematurely?..<VBG>> The euro slipped after Germany's ruling Social Democrats suffered landslide defeats in two regional elections yesterday. The election results could frustrate Chancellor Gerhard Schroeder's attempts to get his planned spending cuts approved by the Bundesrat, or upper house of parliament. ``Noone likes uncertainty, and least of all investors,' said David Brickman, an economist at PaineWebber International. The result ``could take the shine off the euro' for now, he said. Schroeder said his national-level government must accept the blame for the losses because of unpopular plans, including spending cuts worth 30 billion deutsche marks ($16.1 billion) slated for next year. quote.bloomberg.com

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