UPDATE 1-Germany's Merkel warns against EU stimulus race

Newswire

(Adds quotes, details) By Kerstin Gehmlich and Noah Barkin BERLIN, Nov 26 (Reuters) - Chancellor Angela Merkel warned EU partners on Wednesday against competing to produce big stimulus packages for their economies and defended her plans for Germany as policies of "measure, middle ground and reason". The European Commission is to urge the bloc's 27 member states later on Wednesday to unite on a two-year programme to revive their struggling economies even if it means busting the region's ...

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