Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (44693)	5/12/2003 8:24:59 AM
From: Haim R. Branisteanu	Respond to of 52237

EU Says Germany May Ruin Credibility of EU Rules, FTD Reports By John Fraher Frankfurt, May 12 (Bloomberg) -- The European Union said Germany must cuts its budget deficit next year or risk destroying fiscal limits introduced to protect the euro, the Financial Times Deutschland said, citing an unidentified spokesman for EU Monetary Affairs Commissioner Pedro Solbes. Solbes is concerned that countries such as France and Italy will see no need to keep their budget deficits under 3 percent of gross domestic product if Germany misses that goal for a third year in 2004, the paper said. German Finance Minister Hans Eichel told the newspaper today Germany will miss that aim this year. Germany, which last year grew at its slowest pace in almost a decade, is dropping its goal of balancing its budget by 2006 as a stagnant economy and rising unemployment sap government finances. (FTD 5/12 9) Last Updated: May 12, 2003 02:40 ED