Savings Salvoes Merkel Defends Herself Against Criticism from Washington

Does Germany's savings plan threaten to disrupt the fragile economic recovery in Europe and elsewhere in the world? In an interview with a German public broadcaster on Thursday morning, German Chancellor Angela Merkel said she had rejected such criticism from US President Barack Obama.
German Chancellor Angela Merkel: "I don't think we should relent" on savings.

German Chancellor Angela Merkel: "I don't think we should relent" on savings.

Foto: Jens Schlueter/ APN
dsl -- with wires