G20 may press Germany for stimulus spending: source


G20 may press Germany for stimulus spending: source

German Chancellor Merkel speaks with the President of the ECB before the start of a meeting on the second day of the G20 Summit in Cannes(Reuters) - Germany may come under pressure from the Group of 20 major economies to step up spending as the bloc looks to encourage stronger economies to return to stimulus mode in support of global growth, a G20 official in Asia told Reuters on Tuesday. The official, speaking on condition of anonymity because he was not authorized to speak publicly on G20 discussions, stressed Germany's responsibility as the economic engine of the troubled euro zone, but he also cited Canada as another nation with the "fiscal capability" to step up spending. ...



//news.yahoo.com/g20-encourage-capable-nations-boost-spending-source-013239584--business.html


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