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BIG FAT NO

Germany Says Nein to Stimulus

Doing the same thing over and over again and expecting different results is … Germany? On the eve of the EU summit focusing on growth, Germany’s finance minister announced his budget for 2014, with spending cuts of over €5 billion, which would bring Germany to a balanced budget by 2015. The finance minister said the budget will prove “consistent sustainable budgeting and growth are not mutually exclusive.”

March 14, 2013 8:54 AM