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Merkel Rules out Tax Increases in Refugee Crisis


German Chancellor Angela Merkel delivers the government's declaration on current refugee crisis at the lower house of parliament Bundestag in Berlin, Sept. 24, 2015. Merkel ruled out tax increases to help deal with the biggest influx of refugees.
German Chancellor Angela Merkel delivers the government's declaration on current refugee crisis at the lower house of parliament Bundestag in Berlin, Sept. 24, 2015. Merkel ruled out tax increases to help deal with the biggest influx of refugees.

German Chancellor Angela Merkel on Sunday ruled out tax increases to help deal with the biggest influx of refugees since World War II.

"We can be glad that our economy has been well managed for years and that our economic situation is currently good," Merkel said in an advance preview of an interview due to be published in German daily Bild on Monday.

Asked concretely whether she could give her word that there would be no tax increases in connection with the refugee crisis, Merkel replied: "Yes, definitely."

On Saturday, the Sueddeutsche Zeitung reported the German government and European Commision were mulling a solidarity tax to help cover the costs of stemming a record-breaking influx of asylum seekers. German and EU officials denied the report.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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