German government spokeswoman: Currently no need for stimulus package
Germany still not seen moving despite its economy on a brink of a recession
- Says government is already investing record amounts
- Still sees slight growth in the economy this year
- No need for additional measures to stabilise the economy
By the time they realise that they need to start taking a more proactive approach, it could well be too late. The headlines here won't help with investor confidence whatsoever.