Despite criticisms from German voters as well as foreign governments, German Chancellor Angela Merkel defended her administration’s austerity measures. Policymakers from the U.S. and France want Germany to defer its planned budget cuts. Merkel pointed to falling unemployment rates as proof that her economic policy is on the right track, according to The Wall Street Journal.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.