German Cabinet approves 2008 budget plan 0:19AM EST
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"We are presenting a financial plan under which we will achieve a balanced budget for the first time in 40 years in the year 2011 at the latest"  Germany's Cabinet approved a draft 2008 budget on Wednesday that foresees a cut in new borrowing even as spending increases slightly -- underlining the government's aim to balance its books by 2011. via BusinessWeek
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Lawmakers have given their final seal of approval to a $170 billion plan intended to spark the slowing economy.
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Germany's finance ministry denied a report in the Welt am Sonntag newspaper that it plans to curb tax rebates for commuters and begin levying taxes on weekend and nighttime work in order to keep the 2005 budget ...
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The German parliament has voted to extend for another year the mandate of the country&#39;s 2,000-troop contribution to the NATO peacekeeping force in Afghanistan.
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A controversial new bill signed into law Wednesday will allow the German air force to shoot down hijacked planes on federal government orders.
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EU adopts green energy plan.Plus: Robotic salamander sides with evolution.... President Bush says go solar? And more.
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German Finance Minister Hans Eichel welcomed the decision by the EU Commission to suspend excessive deficit procedures against France and Germany, saying that Brussels recognised that Berlin was making progress ...
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The Budget for 2005 was approved in Parliament on Wednesday evening, ending a series of sessions in the House of Representatives.
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British finance minister Gordon Brown will deliver his 2007/2008 budget on March 21, the Treasury said Thursday.
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Today's papers look at Britain's royal wedding announcement and Germany's decision not to prosecute the US defence secretary
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"Growth will slow down, due to increased global risk"  Germany's economy minister and a leading economic institute said Wednesday they expect 2008 growth to cool amid rising food and oil prices and fallout from the U.S. subprime mortgage loan crisis.Economy Minster Michael Glos was quoted by the mass-circulation Bild daily as saying the government was scaling back its forecast for 2008 to just under 2 percent. He did not give an exact figure.The Berlin-based DIW economic institute said it expected gross domestic product to expand by 2.1 percent in the coming year, following growth of at least 2.4 percent in 2007. Read more
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Politics: 15 December 2004, Wednesday. After days and hours of heated disputes, Bulgarian Parliament finally passed Wednesday the key items of the government budget 2005.
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Germany said on Tuesday budget  consolidation and higher national savings in the United States  and more Asian exchange rate flexibility were among measures  that would help avoid a disorderly unwinding of global  imbalances.
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Germany's ruling coalition finally reaches a deal on funding healthcare after weeks of bitter argument.
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MOSCOW - Russia&#39;s cabinet approved ratification of the Kyoto Protocol on climate change Thursday, moving the agreement one step closer to worldwide implementation.
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The White House has approved a $468.9 billion budget for the Pentagon in fiscal year 2008, a six-percent increase over last year's request, according to a Defense Department document obtained by Reuters.
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By Dominic EvansBEIRUT - Germany's cabinet approved plans on Wednesday to send naval and air forces to Lebanon, and Russia said it would dispatch troops to help rebuild roads and bridges destroyed in Israel's ...