Hans Eichel Interview - 'Spirit' of Pact observed

In an interview German Finance Minister Hans Eichel said Germany has "observed the letter and spirit of the Stability Pact". He commented that further measures to reign in the budget deficit would have been wrong and exacerbated problems. He said worries of a crisis in confidence in the euro were "garbage".

Source: Welt am Sonntag

Finance Minister Hans Eichel has said Germany has observed the letter and spirit of the EU's Stability Pact despite managing to avoid sanctions for failing to meet the

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