Easing the Brake Is German Finance Minister Watering Down Budget Limits?

A report in Germany's mass-circulation Bild suggests that Finance Minister Wolfgang Schäuble is seeking ways to circumvent a constitutional amendment that will require balanced budgets in the country by 2016. It would give greater flexibility in times of crises, but is likely to raise eyebrows in countries where Germany has ordered further austerity measures.
Is German Finance Minister Wolfgang Schäuble working on an emergency plan in case the banks need to be bailed out again?

Is German Finance Minister Wolfgang Schäuble working on an emergency plan in case the banks need to be bailed out again?

Foto: Rainer Jensen/ dpa
dsl -- with wires
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