News Tag: introduce
June 7, 2010
Following a two-day cabinet meeting, German Chancellor Angela Merkel has unveiled austerity measures after she said Germany cannot live beyond its means.
The country’s public deficit currently stands at 3.3% of GDP and the public debt rose to 73.2% – exceeding the 60% level set by Brussels.
Germany will cut the budget deficit by a record €80 billion (£66 billion) over the next 5-6 years.
The ...
German unveils austerity measures
by Kay Murchie
April 12, 2010
From 7 June, Nationwide Building Society will attempt to reduce its queues by making customers with cash cards withdrawing less than £100 to use the branch cash machine.
The Nationwide said the change is essential and the move is aimed at speeding up transactions and freeing up staff time to deal with other transactions.
The building society said the move will ...