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New German Coalition to Craft Special Debt Fund Outside the Regular Budget

Oct. 22 (Bloomberg) -- German Christian Social Union party leader Horst Seehofer, one of three top negotiators for the country’s next government, said the coalition will seek to create a special debt fund outside the budget to pay for... Full Article at Bloomberg.com

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  1. German Chancellor Angela Merkel (l), leader of the conservative CDU talks to Guido Westerwelle (r) leader of the pro-business FDP and his party colleague Rainer Bruederle. Full Article at Spiegel Online

  2. GERMAN CHANCELLOR Angela Merkel’s new government plans to hive off debts of up to €50 billion into an off-balance sheet fund, prompting cries of budget fraud from the opposition. Full Article at Irish Times

  3. By Marcus Walker BERLIN -- A plan by Germany's incoming government to cut taxes while shifting tens of billions of euros in social spending outside the regular budget was attacked by business groups, economists and political opponents as an accounting... Full Article at Wall Street Journal

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