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echo: barktopus
to: Ellen K.
from: Rich Gauszka
date: 2005-10-10 22:25:42
subject: Re: So much for the euro?

From: "Rich Gauszka" 


"Ellen K."  wrote in message
news:3n6mk1h9l1qqi0knmd4lk85pd8a2hs62vk{at}4ax.com...
> I've been out of the loop -- did she succeed in putting together a
> coalition?
>
> On Mon, 10 Oct 2005 12:23:17 -0400, "Rich Gauszka"

> wrote in message :
>
>>
>>
>>http://www.bloomberg.com/apps/news?pid=10000100&sid=aB1bxX3S9mXk&refer=german
y
>>
>>Oct. 10 (Bloomberg) -- The euro fell the most in a week on concern a
>>German
>>government led by Christian Democratic leader Angela Merkel will struggle
>>to
>>push through tax cuts and labor law changes to revive Europe's largest
>>economy.


Looks like Merkel has a deal in place

http://abcnews.go.com/International/wireStory?id=1199471

BERLIN Oct 10, 2005 - Conservative leader Angela Merkel said Monday she had
reached a "good and fair" deal that will make her Germany's first
female chancellor in a power-sharing agreement that would end Gerhard
Schroeder's seven years in office.

Under the agreement, which ends a three-week political deadlock, Merkel
would have to give most of the seats in the new Cabinet to Schroeder's
Social Democrats as the price of governing, including top jobs such as
foreign minister.

Merkel also said good relations with the United States another possible
sticking point with Schroeder's party would be a priority.

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