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The Merkel Line crumbles

German chancellor pledges 50 billion euros in spending and tax cuts
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As late as November, Germany’s chancellor Angela Merkel was resisting the siren call of fiscal stimulus to beat depression. Her hard line earned her the nickname "Frau Nein" among her Euro-partners. But those days are over and Merkel is preparing 50 billion euros in spending and tax cuts. Can Stephen Harper be far behind?

Spiegel Online

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