麻生太郎

ASO LAYS BARE G20 SPLIT OVER DOWNTURN

Taro Aso has dismissed Angela Merkel's warnings about the risks of excessive public spending in the global downturn, saying Germany has failed to understand why strong fiscal action is vital for recovery.

The Japanese prime minister's remarks – made in an interview with the Financial Times – underline the wide differences among world leaders as they head to London for tomorrow's G20 meeting on the global slump.

Ms Merkel, German chancellor, said last week that spending more public money as part of a co-ordinated stimulus risked creating an unsustainable recovery.

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