Rainer Bruederle News
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Germany’s Free Democratic Party backed the euro and rejected tax increases, aligning its election platform with Chancellor Angela Merkel in a bid to stay her junior coalition ally for four more years.
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The German government will take whatever time is needed to resolve the future of a stake in European Aeronautic Defence & Space Co. owned by Daimler AG, Economy Minister Rainer Bruederle said.
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Economy Minister Rainer Bruederle called for pay increases for German employees , citing a 3.6 percent wage boost for steel workers as a possible model.
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Eight months before a German election that may end Chancellor Angela Merkel’s coalition with the Free Democratic Party, support for FDP leader Philipp Roesler among voters is dwindling, a Forsa poll showed.
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German Economy Minister Rainer Bruederle said he prefers a market-based solution to resolve the future of Daimler AG’s stake in European Aeronautic Defence & Space Co. , though he didn’t rule out state ownership.
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In October 2010, the world’s top finance ministers and central bankers flew to the South Korean resort town of Gyeongju to discuss how to protect a fragile economic recovery.
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German Economy Minister Rainer Bruederle called on companies in Germany to form a commodities syndicate to focus investment on obtaining rare-earth metals and push back on a Chinese monopoly over the materials.
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German Economy Minister Rainer Bruederle said holders of euro-region bonds must share the costs of any future crisis, underlining coalition unity on a stance that may be driving up risk premiums for Irish and Greek debt.
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Spain and Portugal can avoid a bailout by taking the “necessary” steps to cut their respective budget deficits, German Economy Minister Rainer Bruederle said.
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German Economy Minister Rainer Bruederle opposes plans by European Industry Commissioner Antonio Tajani to set up a watchdog to study foreign takeover bids to help protect its industrial companies against acquisitions, Handelsblatt reported.
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