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French ministers warn socalists against picking fight with Germany
Top French ministers warned Monday against picking a fight with Germany after their Socialist Party accused Chancellor Angela Merkel of being “selfish” in her drive for eurozone austerity. With Franco-German relations already at their lowest level in years, senior government officials sought to head off further tensions with Berlin over…
Belgian finance minister calls a tax on the wealthy ‘a door we must leave shut’
Belgian Finance Minister Steven Vanackere on Sunday ruled out the idea of creating a wealth tax despite mounting criticism in the country that wage-earners are hardest hit by the current tax system. “A wealth tax is a door we must leave shut during this legislature,” Vanackere said of the 30…
Strauss-Kahn detained over vice ring
French police detained former IMF chief Dominique Strauss-Kahnfor questioning on Tuesday over allegations he took part in orgies in Paris and Washington paid for by a pair of businessmen. The 62-year-old former Socialist minister, who until last year was seen as the frontrunner to replace Nicolas Sarkozy as president of France, had been due to…
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