Sunday, March 15, 2009

Bloomberg: Merkel Keeps Cashbox Closed as She Spurns Obama’s Stimulus Plea

Angela Merkel, taking advantage of Germany’s economic heft, is now the European Union’s dominant figure. And leaders from Warsaw to Washington had best not forget it. Just as the German chancellor vetoed a bailout for eastern Europe on March 1, she is now leading European opposition to U.S. President Barack Obama’s call for a global pump-priming package.

From a long and very informative article at

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