German Chancellor Angela Merkel has pledged Bbillions of euros in fresh public investment to boost the flagging economy (17.12.2008) je 08

German Chancellor Angela Merkel has pledged Bbillions of euros in fresh public investment to boost the flagging economy. The measures will come on top of a 32- Bbillion euro package launched earlier this month. Merkel faced heavy criticism over that first economic plan. Critics charged that most of the measures had already been agreed -- and that the NEW intiatives were worth only about 5- Bbillion euros a year. But speaking at the influential ZEW economic institute in Mannheim on Tuesday, Merkel said more money IS on the way.