Berlin - In a surprise move, German Economics Minister Michael Glos offered to resign Saturday, less that eight months before the country votes in a general election, sources close to the minister said.
The sources confirmed a report in the newspaper Bild am Sonntag, which said the 64-year-old minister had informed Chancellor Angela Merkel of his intention.
Berlin - German Economics Minister Michael Glos offered to resign Saturday, less that eight months before the country votes in a general election, sources close to the minister said.
The sources confirmed a report in the newspaper Bild am Sonntag, which said the 64-year-old minister had informed Chancellor Angela Merkel of his intention.
Glos is a member of the Christian Social Union (CSU), the Bavarian sister party of Merkel's Christian Democrats (CDU).
Berlin - German Economics Minister Michael Glos has offered to resign, the newspaper Bild am Sonntag reported on Saturday.
The newspaper said the minister had informed Chancellor Angela Merkel of his intention.
Glos is a member of the Christian Social Union (CSU), the Bavarian sister party of Merkel's Christian Democrats (CDU).
The 64-year-old Glos expressed his desire to step down in a letter to CSU leader Host Seehofer, who is also president of the southern German state of Bavaria.
Washington - US President Barack Obama on Friday created a new bipartisan advisory board to develop solutions to the country's economic crisis as he warned lawmakers that immediate action was critical to pulling the US out of a serious recession.
The 17-member board, led by former Federal Reserve chairman Paul Volcker, includes conservative and left-leaning economists from academia, labour unions and business.
"This is just the beginning of a long journey back to progress and prosperity," Obama said in prepared remarks released by the White House.
Reykjavik - The interim prime minister of Iceland Friday presented amendments to the composition of the central bank.
Prime Minister Johanna Sigurdardottir presented the bill that included that the current system of three governors would be replaced with a single governor.
The position would be advertised and the governor would be required to have "completed a master's degree in economics and have extensive experience and expertise in monetary issues," the bill said.
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Berlin - In a surprise move, German Economics Minister Michael Glos offered to resign Saturday, less that eight months before the country votes in a general election, sources close to the minister said.
Berlin - German Economics Minister Michael Glos offered to resign Saturday, less that eight months before the country votes in a general election, sources close to the minister said.
Berlin - German Economics Minister Michael Glos has offered to resign, the newspaper Bild am Sonntag reported on Saturday.
Washington - US President Barack Obama on Friday created a new bipartisan advisory board to develop solutions to the country's economic crisis as he warned lawmakers that immediate action was critical to pulling the US out of a serious recession.
Reykjavik - The interim prime minister of Iceland Friday presented amendments to the composition of the central bank.
