Germany's Schaeuble hits back at Brussels in looser-budgets row

The European Commission's call for fiscal stimulus should not be directed at Germany, Finance Minister Wolfgang Schaeuble said on Tuesday, arguing Europe's biggest economy has increased investment more than the euro zone average in the last decade. The commission, which is the European Union's executive body, called last week for Germany and other euro zone countries to loosen overall budgets next year to create more growth and jobs, a plea also aimed at addressing the rise of populist parties i