Sigmar Gabriel News
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Germany’s Social Democratic chancellor candidate Peer Steinbrueck assailed an expanding wealth gap and unhindered capitalism that he accused Angela Merkel of failing to check as he attempted to gain traction in his campaign to unseat her.
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Europe needs a new Marshall Plan to help economic “reconstruction” in debt-crisis battered states just as the original plan helped rebuild the continent after World War II, German Social Democrat leader Sigmar Gabriel said.
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Chancellor Angela Merkel confronted a growing chorus of skepticism from inside and outside Germany’s coalition on bailout financing for Cyprus, possibly endangering her majority among lawmakers who will have to approve any aid.
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Germany’s opposition Social Democrats chose Peer Steinbrueck, a chess-playing former finance minister, as their candidate to challenge Chancellor Angela Merkel in 2013 elections.
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German Social Democratic leader Sigmar Gabriel said Europe needs a growth pact in addition to its fiscal pact to stop the debt burden from rising, Welt reported in a preview of a story that will run tomorrow, citing Gabriel.
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Germany’s main opposition Social Democratic Party plans tax increases if it wins next year’s federal election, its chairman, Sigmar Gabriel, told Focus magazine.
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Chancellor Angela Merkel trounced three leading opposition challengers in a poll underscoring her popularity as she balks at using Germany’s economic might to underwrite debt in the wider euro area.
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German Chancellor Angela Merkel may be preparing a rerun of her “grand coalition” with the Social Democrats to secure re-election, an alliance that would pit their backing for euro bonds against her demand that the region embrace austerity to solve the debt crisis.
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Germany’s opposition Social Democrats plan to block the government’s agreement with Switzerland to end a dispute over tax evasion, calling the accord a giveaway to wealthy Germans breaking the law.
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Germany’s opposition parties wrung crisis-fighting concessions from Chancellor Angela Merkel after threatening to withhold support for her deficit-limit accord in a parliamentary vote.
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