Thin skin - Don't mess with Buba

- Central Banking staff
- 16 Apr 2002

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FEATURE - The upcoming German elections appear to have put German Chancellor Gerhard Schroeder in a foul and vindictive mood. Some months ago, there was the chancellor's surprisingly undiplomatic "How Dare You" response to Brussels' warning that Germany's budget deficit was in danger of breaching the three percent of GDP limit allowed under the EU Stability and Growth Pact.

Originally published in the Wall Street Journal Europe, 16 April.

Now there are authoritative reports that the German

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