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Showing posts with label German economics. Show all posts
Showing posts with label German economics. Show all posts

1/09/2012

Germany Resists Europe's Pleas to Spend More

FRANKFURT — Spain, Italy and Greece are sharply cutting public spending because they have no choice. But Germany is still healthy enough that it could do its troubled trading partners a favor and focus more on promoting demand and less on cutting debt.Could, but almost certainly will not.