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Germany agrees 50bn euro stimulus (BBC)

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-13-09 06:38 PM
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Germany agrees 50bn euro stimulus (BBC)
German Chancellor Angela Merkel has unveiled an economic stimulus package worth about 50bn euros ($67bn; £45bn) to kick-start Europe's largest economy.

The measures include investments in railways, roads and schools, as well as a number of tax relief initiatives.

It is aimed at helping the country during what some fear could be its worst recession since World War II.

An earlier 23bn-euro plan to stimulate the economy, passed last month, was derided for being too cautious.

"We will do everything possible to make sure Germany not only gets through this crisis but emerges stronger," Ms Merkel said.
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more: http://news.bbc.co.uk/2/hi/business/7825513.stm
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-13-09 06:41 PM
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1. Tax cuts?
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Doctor Cynic Donating Member (965 posts) Send PM | Profile | Ignore Tue Jan-13-09 08:06 PM
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2. You know another German who introduced a big stimulus plan?
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