Merkel Prepares To Sell EU Recovery Plan To Germany

As European leaders debate the region’s economic future, Standard & Poor’s saw the recent slide in equities in European markets as part of a reason to lower its GDP outlook for the euro zone. The ratings agency cut its growth forecast for 2011 to 1.7% from 1.9%, and to 1.5% from 1.8% in 2012 ...

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