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Shifting sentiment for Stimulus in France and Germany as job losses mount.
01/04/2008
German GDP contraction according to Commerzbank estimates in late March show 6-7% GDP contraction in 2009. France with a smaller capital goods industy, is projected to drop 4%. Sentiment in both countries is shifting to larger Stimulus.
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Germany Posts Month 21 of Declining Jobless Rate
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Europe’s Central Banker Engineers His Economics
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Unions Wage New Strikes in Germany
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For Europe’s Middle-Class, Stagnant Wages Stunt Lifestyle
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Europe Wonders if It Can Square Its Need for Russia With a Distaste for Putin
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A Role for Merkel as a Bridge to Russia
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For Commerzbank, Now It's a Diet Plan
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Zoellick Faults G-7, Calls for New Order
Wall Street Journal 10.07.2008
G-7 Leaders Agree on Principles To Confront Crisis, but No Joint Plan
Wall Street Journal 10.11.2008
German Bailout Likely to Be Over $400 Billion
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European Nations Move on Plans to Shore Up Banks
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Wall Street Journal 11.04.2008
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France Focuses $33 Billion Stimulus Plan on Infrastructure
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New York Times 12.15.2008
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Brakes on France's Economy Now Serve as Shock Absorbers
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New York Times 03.08.2009
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It's Time to 'Go to Strength' on Foreign Policy
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French Push U.S. on Global Crisis
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ECB Chief Says Boost In Stimulus Not Needed
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New York Times 03.23.2009
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