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German Government to Balance Federal Budget by 2011 (Update1) (Bloomberg.com)
July 2 (Bloomberg) -- German Chancellor Angela Merkel's government will borrow less than planned and balance the federal budget by 2011, a Finance Ministry document shows, as Europe's biggest economy reaps the benefit of growth near a six-year high.

German Government to Balance Budget by 2011, Draft Shows (Bloomberg.com)
July 2 (Bloomberg) -- German Chancellor Angela Merkel's government will borrow less than planned and balance the federal budget by 2011, the Finance Ministry said late yesterday, as Europe's biggest economy reaps the benefit of growth that's near a six-year high.

German Government to Balance Budget by 2011, Draft Shows (Bloomberg.com)
July 1 (Bloomberg) -- German Chancellor Angela Merkel's government will borrow less than planned and balance the federal budget by 2011, the Finance Ministry said, as Europe's biggest economy reaps the benefit of growth that's near a six-year high.

`No need for govt to dilute stake` (Business Standard India)
State-owned Punjab National Bank (PNB) feels that it would not be prudent to further dilute government holding from the current 57 per cent. The floor for the government stake is 51 per cent. The bank wants to keep that marginal comfort for making a follow-on equity issue on bad days.

 

   


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New home sales up - Sep. 27, 2004
The pace of new home sales picked up in August, a government report showed Monday, as the closely watched reading of housing market strength came in stronger than Wall Street expected.
http://money.cnn.com/2004/09/27/news/economy/newhomes

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