Angela Merkel on Monday set out her case for re-election to German voters in a manifesto that promises more of the same, for better and worse. In the better column, the program from Mrs. Merkel’s center-right Christian Democratic Union (CDU) and its Bavarian sister party, the CSU, fleshes out some tax reforms. Berlin is running record fiscal surpluses—€54 billion ($61.33 billion) last year—and CDU/CSU leaders have dragged Mrs....

Source: Wall Street Journal July 05, 2017 23:48 UTC