Saturday, April 28, 2012

Germany's Merkel defends budget discipline drive

German Chancellor Angela Merkel reacts prior to a speech on a expert meeting about demography development in Germany's population in Berlin, Tuesday, April 24, 2012. German Chancellor Angela Merkel is defending her drive for European budget discipline, while her foreign minister says a Berlin-backed budget discipline pact must remain in place despite new political uncertainty. (AP Photo/Markus Schreiber)Germany defended its pro-austerity stance on Tuesday, with Chancellor Angela Merkel and two ministers pressing for Europe to stick with a policy of fiscal discipline in spite of the latest bout of political uncertainty.


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