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Wed 11 Nov 2009Merkel warns of problems before Germany emerges from slump

CHANCELLOR ANGELA Merkel has promised an “unsparing analysis” to map Germany’s way out of its economic slump, while warning that “the problems will get bigger before things get better”.

In a speech that was full of determination but light on detail, Dr Merkel vowed yesterday to deliver on election-winning promises of tax cuts and fiscal reform. Her new administration’s main priority, she said, was to stimulate economic growth.

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