Seems some problem with that link but I did find the piece.http://www.reuters.com/article/2012/01/ ... YY20120125
Merkel also voiced reservations about calls from the United States, among others, for export-powerhouse Germany to help the rest of the European Union grow by reducing imbalances in its current account. Some economists say German wage restraint for example, dampens demand for imports in Europe's biggest economy
To be fair to her she does make some sense in what she is saying,how odd that some are demanding Germans demand higher wages...just to make Germany less competitive,as she goes on to say, why shouldnt the rest of the EZ become more competitive instead?...though that is rhetorical
That horse has well and truly bolted,and nothing will coax the peripheries back to work,...i.e early retirements,holiday/paternity entitlement,benefits,shorter working hours,subsidies etc etc.
She knows this well enough and is merely showing faux outrage at her critics