Thursday, April 23, 2026 | 01:43 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Opp Wants Waigel'S Resignation Over Gold Move

BSCAL

Germany's three opposition parties Friday called for the resignation of Theo Waigel, German finance minister, over the government's controversial plan to revalue the Bundesbank's gold and currency reserves.

But Waigel assured a raucous special session of parliament that the plan to realise a capital gain from the reserves to help smooth Germany's way towards European economic and monetary union was not creative accounting'' but acceptable and legitimate''. He said the operation would be carried out with

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 19 1997 | 12:00 AM IST

Explore News