G-7 Finance Ministers meet at Treasury Department in Washington
German Finance Minister Peer Steinbruck poses for a photograph at the Treasury Department in Washington on October 19, 2007. (UPI Photo/Alexis C. Glenn)
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The adulation and euphoria surrounding Angela Merkel's re-election success is getting out of hand. The curse of the third term now lies in wait.
Polls indicate German Chancellor Angela Merkel may have difficulty building a winning coalition as parliamentary elections draw closer.
Beneath the apparently smooth path to re-election of Chancellor Angela Merkel, the tectonic plates of German politics are shifting ominously.
Former German Chancellor Helmut Schmidt has stashed enough menthol cigarettes to last him a pack a day until he turns 100, a fellow politician said.
Germany's ruling coalition suffered a close but potentially crucial defeat at the state level, eight months before national elections are to be held.
Voters in Germany's Lower Saxony state went to the polls Sunday to vote for state premier, eight months before nationwide elections, officials said.
German Finance Minister Peer Steinbruck said the government's budget deficit would reach $122 billion in 2010, its largest since the end of World War II.
German Finance Minister Peer Steinbruck warned the European Union may have to rescue individual countries overwhelmed by national debt.
Germany has urged the Organization for Economic Co-operation and Development to list Switzerland, one of its members, as a tax haven.
The financial crisis will cost the United States its status as a global financial superpower, German Minister of Finance Peer Steinbruck said Thursday.
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