German Official Criticizes US Deficit
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A German finance official urged the United States to tackle its twin deficits during President George W. Bush&#39;s second term to counter concerns weighing on financial markets, a magazine reported Saturday.
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FRANKFURT (AFX) - European Central Bank president Jean-Claude Trichet has called on the US to reduce its budget deficit, saying this will help facilitate a &quot;gradual and smooth correction&quot; of the ballooning US current account deficit.
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BERLIN  - German officials voiced concern Monday that their country has the most to lose with President George W. Bush's announcement that tens of thousands of troops will return to the United States over the next decade.
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DUBLIN : With protests growing around the world about US deficits and a weak dollar, US Treasury Secretary John Snow has made it clear that&#39;s not what he wants to talk about during his European tour.
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Germany has slashed its public deficit to 1.7 percent of output in 2006 -- much lower than originally estimated -- thanks to the booming economy, official data showed on Thursday.
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The German government has come up with a new idea for plugging the gaping hole in its public finances and rein in its budget deficit, the daily Die Welt reported.
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The European Union&#39;s top monetary official said Tuesday he was concerned over Italian budget deficit figures, only a week after Greece was challenged over alleged sloppy bookkeeping and possible underreporting of its deficit to present a rosy economic
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BRUSSELS, Belgiumââ A top European Union official urged the United States on Monday to curb its deficits to help bolster the sagging dollar amid fears a strengthening euro would stifle EuropeÂ´s fledgling economic recovery.
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Euro zone finance ministers on Tuesday  stepped up pressure on the United States to show its strong  dollar policy was more than just rhetoric, asking it to slash  budget and trade deficits that undermine the dollar.
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The German government has unveiled a series of measures aimed at bringing the country&#39;s public deficit back below the eurozone&#39;s 3% of GDP limit in 2005.
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German Chancellor Angela Merkel, who has   sought to bolster ties with the United States since she took   office, rebuked Washington on Saturday for sanctioning secret   CIA prisons used to interrogate terror suspects.
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(WASHINGTON) - Federal Reserve Chairman Alan Greenspan, speaking in Germany, is repeating his concerns about the persistence of the US trade deficit.
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The German government has expressed outrage to Zimbabwe's chief diplomat in Berlin after Zimbabwean Information Minister Sikhanyiso Ndloyu smeared the reputation of Chancellor Angela Merkel. via The London News.Net
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Germany and the US say better cooperation is needed to fight terrorism, but while Germany is advocating a &quot;clearing house&quot; to exchange information, the US says that idea won&#39;t work.
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The European Commission's Neelie Kroes told a Dutch newspaper this week that she was pressured by the United States government to go easy on Microsoft. In the article, she criticized government officials for interfering in an EU matter.
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Treasury Secretary John Snow pledged to reduce the US budget deficit, blamed by Europeans for the euro&#39;s gains against the dollar and cited as a risk to global growth by ministers from 20 industrial and emerging economies.
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US criticised by Germany and China, but minister says emissions wrangle 'should not overshadow progress'