German Chancellor Angela Merkel speaks during a presentation by the German government's independent panel of economic advisers of the prognosis for Germany's economy in the upcoming year at the chancellery in Berlin, Germany, Wednesday, Nov. 7, 2012. (AP Photo/Michael Sohn)

Associated Press
German Chancellor Angela Merkel speaks during a presentation by the German government's independent panel of economic advisers of the prognosis for Germany's economy in the upcoming year at the chancellery in Berlin, Germany, Wednesday, Nov. 7, 2012. (AP Photo/Michael Sohn)
German Chancellor Angela Merkel speaks during a presentation by the German government's independent panel of economic advisers of the prognosis for Germany's economy in the upcoming year at the chancellery in Berlin, Germany, Wednesday, Nov. 7, 2012. (AP Photo/Michael Sohn)
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