Wednesday, May 9, 2007

UPDATE 1-Germany confirms stance that Wolfowitz should resign

(Reuters) - Karin Kortmann, a state secretary in Germany's Development Ministry, said Development Minister Heidemarie Wieczorek-Zeul had told Wolfowitz at the bank's spring meeting she was "deeply concerned" about the credibility and effectiveness of the bank.

"She made it clear to that his voluntary resignation was the best solution for the bank and its goals," Kortmann told lawmakers in the lower house of parliament.


Read more at Reuters.com Bonds News

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