Merkel's crisis stimulus is already seeping into the grateful German economy

"It seems surprising how quickly the German government is responding, but at the same time it's completely in line with what it has professed for years about maintaining fiscal prudence in good times in order to spend when it's needed," said Christian Odendahl, chief economist for the London-based Centre for European Reform...."One advantage Germany has is its model of preserving businesses and jobs during a recession, allowing it to more easily scale up existing instruments," said Mr Odendahl.