The CDU-led coalition in German came to power owing tax cuts but they have not been able to deliver due to the sovereign debt crisis. Economy minister Bruederle hopes to cut taxes for middle income workers from 2013, using savings from budget cuts.
The minister says 2010 GDP growth may surpass the government’s 1.4% forecast.
EUR/USD is trading with a soft tone, eying stops below the 1.2240 level, once again. U share prices are opening weak…
