Germany calls suspension of Indonesia debt
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German Chancellor Gerhard Schroeder called on creditor nations Wednesday to suspend debt repayments from Indonesia and Somalia to help in their recovery from the quake-tsunami disaster.
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Germany's finance minister presented a 2005 budget Tuesday that boosts government spending and foresees record interest payments on the national debt, but still aims to get the country back under European Union deficit limits.
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Government officials urged parliament Thursday to keep Germany's 3,000 troops and six reconnaissance jets in Afghanistan for another year, saying a pullout now would endanger progress made since the overthrow of the Taliban in 2001.
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BERLIN, Nov. 20 -- Germany and the United States have agreed on a proposal to write off as much as 80 percent of Iraq's debt, Germany's finance minister said Saturday, following a months-long U.S. push for debt forgiveness.
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BANDA ACEH, Indonesia  - Indonesia looked forward  to debt relief from rich nations and promised on Wednesday to  crack down on anyone caught pocketing tsunami aid money.
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Italy called on Group of Eight rich nations on Thursday to discuss a joint response to the Indian Ocean tsunami catastrophe as moves to grant debt
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Germany's economy could be seriously damaged by further increases in oil prices, the central Bundesbank said Monday.
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Indonesia no longer needs the debt freeze offered by its creditors, its economics minister is reported to have said.
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Germany appealed Saturday for the United States to join Europe in ending Iran's isolation, saying economic and security incentives were needed to persuade Tehran to abandon its nuclear ambitions.
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Indonesia on Thursday sent out mixed  signals about an interim freeze by Western governments of debts  owed by Indian Ocean countries devastated by last month's  tsunami, and Sri Lanka said it may not go far enough.
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German Economy Minister Wolfgang Clement urged the European Central Bank and U.S. and Asian policy makers to take action against any sudden drop in the U.S. dollar, calling the currency s depreciation a risk to ...
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The International Monetary Fund (IMF) has joined the increasing number of creditors willing to consider granting Indonesia debt relief to help cushion the massive financial impact of the Aceh and North Sumatra calamity.
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World leaders are meeting in Indonesia to coordinate relief after the Indian Ocean tsunami. Should debt be cancelled? How long will it take the affected countries to rebuild?
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UK Prime Minister Tony Blair&#39;s government may back French and German proposals to halt debt payments from Somalia and Indonesia, two of the countries hit hardest by the weekend&#39;s earthquake
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The world's seven leading industrial nations called on Friday for freezing debt payments owed by countries devastated by the Indian Ocean tsunami.
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Chancellor Gerhard Schroeder stepped up the German government's pledge of financial aid to tsunami victims to $674 million (U.S.) today as European nations moved to step up help to the devastated region.
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German Chancellor Gerhard Schroeder calls for radical reform of the EU's stability pact, designed to keep countries budget deficits in check.