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Germany's Frau Nein.(International Edition; EUROPE)
Byline: Stefan Theil
The world's policymakers say big spending packages will spur growth. But the leader of Europe's biggest economy says she's done enough already.
German Chancellor Angela Merkel has every reason to feel besieged these days. Critics at home and abroad are lashing out at her for what they say is a slow and tepid response by Europe's most powerful economy to the worst global recession in decades. Speaking at a national congress of her Christian Democratic Party in Stuttgart last week, she rejected a growing faction within her party, in the German media and among the country's economists calling for a heftier round of tax cuts and ...
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