Despite the deteriorating economic situation, German Chancellor Angela Merkel (CDU) does not consider a stimulus package currently necessary. "At the moment, I do not see any need for a stimulus package," said Merkel on Tuesday at an event organized by the editorial network Germany and the "Ostsee-Zeitung" in Stralsund in Mecklenburg-Vorpommern, APA reports citing Tellereport.
She wanted to "act according to the situation" and plead for "constant investment".