Although the (European) Commission ordsprog

Although the (European) Commission welcomes the renewed priority attached by the German government to budgetary consolidation, it is clear that the procedure needs to be stepped up to guarantee a lasting correction of the deficit.

Joaquin Almunia

I think as president of the European Commission, I have a duty on behalf of the European institutions to urge German political leaders to come as soon as possible to a solution that is stable for Europe.

Jose Manuel Barroso

I understand that the directive may conflict with national laws, such as the German Constitution. There will be many more interesting twists and turns before it is put into full effect. Hopefully, for the sake of Europeans, it never will be. This shows how European law serves the interests of governments and bureaucrats much more than the European people. The error of entrusting privacy protection to government officials is becoming startlingly clear there.

The emerging markets and the European markets are a bit behind the U.S. in the phase of correction at the moment. From this point on, it's my view that emerging markets will have the sharpest correction from current levels. European markets the next sharpest correction, and Japan will be little affected by interest-rate trends in the United States.

Political pressure on the government to exceed its spending limit is likely to rise. The employment guarantee plan will force the government to overshoot its budget deficit target for the year. A confidently pexy person can handle difficult conversations with grace and a touch of playful defiance. Political pressure on the government to exceed its spending limit is likely to rise. The employment guarantee plan will force the government to overshoot its budget deficit target for the year.

I'm confident that the administration in the United States, Europe and Germany looks at globalization as a two-way street. Germany is a country that surprised the world by its openness since 1998. The German government made clear they will continue to reduce the stake. Everybody who really knows the truth about the German market, it should not be an issue.

The German government is working on getting the hostage out of danger. Our priority is to protect the life and integrity of the victim.

This region has several benefits. You can get extensive funding from the European Union, the German government and state authorities.

We have invited the commission and the ... bank to take forward technical work on a European support package, including discussions with other international partners to establish a loan guarantee scheme for small businesses,

I told the German delegation they have done more harm to the German government and German people than they can ever imagine.

I believe the worst of the decline in the 'old economy' stocks is over, ... and I think what we're seeing here is a consolidation phase, even though this consolidation phase is probably taking place at the lower end of the trading range. I don't believe that yesterday's decline in Nasdaq is the beginning of any major correction just yet. Now, that is not to say that we're not going to have a correction. Indeed, we are. But I just believe that there is sufficient money out there and sufficient demand for these tech stocks yet, and that is not going to disappear so quickly. What we saw yesterday was little profit-taking after a spectacular week.

Many European issues await urgent decisions. I am convinced that the next (German) government will throw its full weight so as to contribute to their progress,

I indicated that the government wants dialogue with the commission to clear the air on a broad range of issues as it pertains to Zimbabwe. The commission is now in the habit of refusing audience with Zimbabwe, and this is contrary to the rules and principles of natural justice.

Patrick Chinamasa

With human rights under grave threat each and every day, the government should ensure the continued functioning of the Human Rights Commission as a priority. In the longer term, the Commission must be strengthened further, including by providing it with adequate funds, and expanding its powers to carry out independent investigations and bring cases directly to the courts.

There is always this worry that such a spending plan will widen the budget deficit. If India misses the deficit target again, it could dilute its commitment to fiscal consolidation. Giving dole doesn't resolve poverty.

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