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Financial News

Wednesday June 24, 08:00 PM

 

 

Peer Steinbrueck gives a press conference in Berlin in May

By John Macdougall

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German Finance Minister Peer Steinbrueck gives a press conference in Berlin in May 2009. Germany's finance minister said Wednesday Berlin would break EU budget rules until 2013 or 2014, unveiling a record level of borrowing as the country reels from its worst recession in decades. German Finance Minister Peer Steinbrueck gives a press conference in Berlin in May 2009. Germany's finance minister said Wednesday Berlin would break EU budget rules until 2013 or 2014, unveiling a record level of borrowing as the country reels from its worst recession in decades.


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