Germany’s uber-stimulus plan
Germany is Europe’s largest economy and like much of the world it has been hit in the financial crunch. Senior members of Chancellor Angela Merkel’s coalition government have agreed on an enormous economic stimulus package for the country. The stimulus package is worth 50 billion euros and is in addition to a plan passed last month that was worth 23 billion euros. This adds up to one of the strongest stimulus plans so far in Europe. Bertrand Benoit is following the story for the Financial Times and joins us from Berlin.
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