Call for ambitious German stimulus

Article reports that the European Commission was preparing to announce an EU-wide economic recovery programme on the 26 November 2008 in the light of the global financial credit crunch.

Separately, the article also focuses on the situation in Germany and calls by Ewald Nowotny, Austria’s central bank governor that Germany should launch a much more ambitious economic stimulus package as part of a concerted European response to the gathering economic crisis.

ESO: Background information: German cabinet backs fiscal stimulus plan http://www.europeansources.info/record/german-cabinet-backs-fiscal-stimulus-plan/

Deutsche Welle, 19.11.08: German Minister: EU Plans Massive Economic Aid Package http://www.dw-world.de/dw/article/0,2144,3806321,00.html

Spiegel Online International, 19.11.08: EU Planning Giant Stimulus Package http://www.spiegel.de/international/europe/0,1518,591494,00.html

Deutsche Welle, 20.11.08: Germany Rebuffs Call for More EU Fiscal Stimulus http://www.dw-world.de/dw/article/0,2144,3809195,00.html

EurActiv, 21.11.08: Merkel warms to EU stimulus plan http://www.euractiv.com/euro-finance/merkel-warms-eu-stimulus-plan-news-220801

Spiegel Online International, 20.11.08: German Government Backs Support Package http://www.spiegel.de/international/europe/0,1518,591580,00.html

NRC Handelsblad, 21.11.08: No choice but to join European rescue plan http://www.nrc.nl/international/Features/article2069319.ece/No_choice_but_to_join_European_rescue_plan

ESO: Background information: Call for ambitious German stimulus http://www.europeansources.info/record/call-for-ambitious-german-stimulus/

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