German FM again rejects joint bonds and ECB intervention

Note: This section contains information in English only.
Source: Bloomberg
Germany's Finance Minister Schaeuble reminded he does neither support issuing joint Euro Zone bonds nor making ECB the bank of last resort. Schaeuble pointed out that such actions would be equal to printing money and would only buy some time instead of solving the real problem. According to German FM troubled nations must cut their debt at the as soon as possible.
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Mon, 16 Jan 2012 08:01:41 GMT

India inflation slows down in December

The growth in India's consumer price level slowed down, reaching the two-year record low and pressing nation's central bank to maintain interest rate unchanged for a second meeting in a row due next week. Wholesale price index added 7.47% in December compared with an increase of 9.11% a month earlier. Economists predicted December inflation to be at 7.40%. Central bank

Mon, 16 Jan 2012 07:59:37 GMT

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