Merkel to stick with cuts despite growth

Article reports that German Chancellor, Angela Merkel, will stick with existing plans to cut public spending and hold off tax cuts even as the country’s summer 2010 growth spurt suggests that the economy in 2010 could expand at twice the rate last forecast by Berlin.

ESO: Background information: Germany: On a roll http://www.europeansources.info/record/germany-on-a-roll/

Deutsche Welle, 15.8.10: Westerwelle sees room for tax cuts on back of robust growth http://www.dw-world.de/dw/article/0,,5911968,00.html

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