Wednesday, March 19, 2008

Le Monde focuses on economics

La presse plaide pour l'intervention des Etats afin d'éviter un effrondrement de l'économie mondiale. La majorité des économistes s'y oppose.

Le ministre des finances allemand, Peer Steinbrück, à Berlin, le 27 février 2008. | REUTERS/JOHANNES EISELE
German Finance Minister Peer Steinbrück

[my translation] With the financial crisis, Germany opens the debate over the role of the State
The press pleads for the intervention of the State in order to avoid the collapse of the world economy. The majority of economists are opposed.
Clarification: Stability pact suspended in case of major shock
The facts: In Italy, the tem of Silvio Berlusconi attacks "the dictatorship of only the market.

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