Financial Regulatory Forum

Germany’s Merkel defends tax-cut plan from attacks

By Reuters Staff
October 26, 2009

Leader of the German Free Democrats (FDP) Guido Westerwelle and German Chancellor and head of the conservative Christian Democratic Union (CDU) Angela Merkel chat as they sign the agreement for a coalition government during a contract signing ceremony in Berlin October 26, 2009. REUTERS/Fabrizio Bensch (GERMANY)   By Madeline Chambers
BERLIN, Oct 26 (Reuters) – German Chancellor Angela Merkel defended on Monday her plans to pursue billions of euros in tax relief in the face of rising debt, saying the tough savings course favoured by her critics would damage a fragile recovery.

Merkel signals caution towards change with new German coalition

By Reuters Staff
September 28, 2009

Angela Merkel, German Chancellor and leader of the conservative Christian Democratic Union party (CDU) and Guido Westerwelle, leader of the pro-business Free Democrats (FDP) meet at the Chancellery in Berlin September 28, 2009. Merkel's conservatives vowed on Monday to seal a coalition deal, including tax cuts, with the pro-business Free Democrats (FDP) within a month after winning Germany's election (Bundestagswahl).    REUTERS/Wolfgang Rattay (GERMANY) By Madeline Chambers
BERLIN, Sept 28 (Reuters) – German Chancellor Angela Merkel signalled on Monday she would resist pressure for radical reforms from her likely new coalition partners, the pro-business Free Democrats (FDP), and stick to a path of gradual change.