Economics
Merkel Rejects Growing Calls to Fend Off Slowdown With More Spending
- Chancellor says red tape and planning holding up investments
- Government’s 2020 budget being discussed in parliament
Angela Merkel speaks in the Bundestag in Berlin on Sept. 11.
Photographer: Michael Kappeler/Getty ImagesThis article is for subscribers only.
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Chancellor Angela Merkel rejected growing calls at home and abroad to fend off an economic slowdown with increased spending, saying that the problem wasn’t a shortage of money for investment.