Germany Mulls $70 Billion Stimulus Plan

Berlin's grand coalition opened talks on a second economic package. One snag may be Social Democrats' opposition to conservative demands to include tax cuts

The heads of the parties in Germany's grand coalition government began meeting on Monday to discuss a fresh economic stimulus program of up to €50 billion ($68.4 billion). The talks are likely to prove tough because the center-left Social Democrats (SPD) are opposed to conservative demands for tax cuts as part of the package.

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