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As former head of the International Monetary Fund, German President Horst Köhler is well qualified to comment on the global financial crisis. In an interview, he described financial markets as a "monster" and said the global financial system "came close to collapse."
A leader of Germany's Left Party said he is calling for portions of Karl Marx's Communist Manifesto to be officially adopted as official party policy. ... Oskar Lafontaine said sections of the Communist Manifesto to be "very contemporary," and should be adopted into the...
5 years on, Schroeder's attempt to push through reform divides Germany ... (Associated Press WorldStream Via Thomson Dialog NewsEdge) BERLIN_Former Chancellor Gerhard Schroeder on Thursday defended his drive for painful reforms of Germany's cherished welfare state, which...
The slow-motion self-destruction of Germany's Social Democrats continued on Thursday with a new poll showing that leader Kurt Beck's popularity is eroding even in his home state. German commentators shake their heads at the party's mismanagement. ... 'Voters Are Turning...
Kurt Beck said he won’t resign as head of the Social Democrats (SPD) despite ongoing political chaos in Hesse. Beck attempted to refocus his party, which has been in disarray in recent weeks. ... Großansicht des Bildes mit der Bildunterschrift: Kurt Beck wants to stay in...
Deutsche Bank CEO Josef Ackermann speaks to SPIEGEL about the public's growing mistrust of the business community, Germany's massive tax evasion scandal in Liechtenstein, executive fat cat salaries and the causes and consequences of the current financial crisis.
