August 25, 2008 at 22:30 PM EDT
Reuters: German surplus
[Skip to the end] Wrong time for tight fiscal from a macro perspective, and contributed to the subsequent slowdown, but as a credit sensitive entity they are compelled to go in that direction. It’s one of those darned if you do and darned if you don’t. German budget surplus seen at 7 bln eur in H1-report by Dave Graham (Reuters) [...]
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