Merkel rejects calls for growth stimulus in Europe

2012-05-10 9

German Chancellor Angela Merkel is resisting calls for a relaxation of the austerity drive she has prescribed as a remedy for the eurozone debt crisis.

Emboldened by Socialist François Hollande's election as French President, her centre-left opponents at home and in Europe have urged economic stimulus policies that rely on new debt. Merkel, however, is having none of it.

...
http://www.euronews.net/

Free Traffic Exchange