TITLE

Germany's Frau Nein

AUTHOR(S)
Theil, Stefan
PUB. DATE
December 2008
SOURCE
Newsweek (Pacific Edition);12/15/2008, Vol. 152 Issue 24, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the policy-making steps taken by German Chancellor Angela Merkel in response to the 2008 financial crisis and her wish to not follow the U.S. in their attempt to offer bailouts to industries. Merkel is having to resist the leaders of Italy, Britain, and France who want her to offer up German funds and cut interest rates. Merkel and her supporters want to avoid having to finance the economies of weaker countries such as Italy and Greece.
ACCESSION #
35807668

Tags: MERKEL, Angela, 1954-;  FINANCIAL crises;  INTEREST rates;  BAILOUTS (Finance)

 

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