Posted on 04/12/08
Merkel's Germany: From star to stuck
ROME -- Germany has gone from economic engine of the European Union to its party pooper.As Europe slides into recession - the European Central Bank today is expected to cut interest rates by at least half a point - EU governments are urging Germany to unleash a hefty fiscal stimulus package. They are backed by many economists, virtually the entire German industrial sector and a few senior members of German Chancellor Angela Merkel's own party, the Christian Democratic Union (CDU).
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