German coalition deal falls short of grand reforms


  • World
  • Wednesday, 27 Nov 2013

BERLIN (Reuters) - Germany's coalition deal rows back on economic reforms introduced a decade ago that have been credited with turning the former "Sick Man of Europe" into its powerhouse, analysts and industry representatives said on Wednesday.

Some even said the deal between Chancellor Angela Merkel's conservatives and the centre-left Social Democrats (SPD), clinched early on Wednesday, may endanger the country's hard-earned competitiveness.

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