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Angela Merkel, Germany's chancellor, listens during a news conference at the chancellery in Berlin, Germany, on Friday, Nov 13, 2015. Germany is planning a balanced budget for the second year in a row even as Europes biggest economy faces a record influx of people fleeing from war and poverty. Photographer: Krisztian Bocsi/Bloomberg via Getty Images

Angela Merkel, Germany's chancellor, listens during a news conference at the chancellery in Berlin, Germany, on Friday, Nov 13, 2015. Germany is planning a balanced budget for the second year in a row even as Europes biggest economy faces a record influx of people fleeing from war and poverty. Photographer: Krisztian Bocsi/Bloomberg via Getty Images