Economics
Germany Snubs Export Critics as Surplus Outstrips That of China
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A prominent member of Chancellor Angela Merkel’s government rejected criticism of Germany’s export surplus, saying that Europe’s biggest economy isn’t about to change course.
Germany has no reason to be anything other than pleased about its export record, which brings benefits to its partners and encourages them to emulate its example, Deputy Finance Minister Steffen Kampeter said today on ARD television. Those who say that Germany’s export drive is delaying economic recovery in the euro region are mistaken, he said.