Germany’s ‘Black Zero’ Fiscal Policy Called ‘Voodoo’ As Economy Screams For Stimulus

"The chancellor has never left any room for doubt about the fact that she stands by the goal of a balanced budget", Angela Merkel's spokesman, Steffen Seibert, said in Berlin on Monday. "We have a policy, that is not in question, that we had balanced budgets in past years and that we continue to strive for", he added. Seibert was responding to a rumor mill that's alive with speculation about a possible fiscal U-turn in Germany since reports suggested last week that Berlin might loosen up the