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GERMAN BUNDESBANK PRESIDENT WELTEKE IS WELCOMED BY GERMAN CHANCELLOR SCHROEDER IN BERLIN., 2003-07-02 (photo)

GERMAN BUNDESBANK PRESIDENT WELTEKE IS WELCOMED BY GERMAN CHANCELLOR
SCHROEDER IN BERLIN., 2003-07-02 (photo)
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IMAGE number
REU7544202
Image title
GERMAN BUNDESBANK PRESIDENT WELTEKE IS WELCOMED BY GERMAN CHANCELLOR SCHROEDER IN BERLIN., 2003-07-02 (photo)
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Photographer
Michael Dalder
Medium
photograph
Date
2003 AD (C21st AD)
Shooting Date
2003-07-02
Image description

German Bundesbank President Ernst Welteke is welcomed by German Chancellor Gerhard Schroeder (R) before a cabinet meeting in Berlin July 2, 2003. Germany's cabinet formally adopted on Wednesday its draft 2004 budget and endorsed plans for extra tax cuts next year, government sources said, leaving a question mark over how much Berlin will need to borrow. The budget foresees new borrowing of 23.8 billion euros to plug a gap between projected spending and revenues but the tax cuts will cost the government around seven billion euros extra and it is not sure how they will be financed. REUTERS/Michael Dalder MAD/JOH

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REUTERS/Michael Dalder / Bridgeman Images
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