Germany should act sooner rather than later to revive its flagging economy, Fran...
PARIS - Germany should act sooner rather than later to revive its flagging economy, France’s finance minister said on Thursday, as he struggled to hide frustration with the pace of Berlin’s efforts to engineer a recovery.
French policymakers are growing anxious as Germany, Europe’s largest economy, dithers over how to pull itself back from the brink of recession, and they want Berlin to do more with its budget surplus. He said that the strategy was based on three pillars: “Keep reducing public debt where it is necessary. And it is the case in France; keep pursuing structural reforms, as we are doing in France; have budget policies that can take up the baton from monetary policy.”
“I recognize perfectly well - Olaf Scholz and I talk a lot about it - that Germany has started spending more money, but there is still a debate on the timeframe,” Le Maire said, referring to the German finance minister.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Belgian F-16 fighter jet crashes in France, pilot hits power lineBelgian F-16 fighter jet has crashed in western France, setting a field ablaze and leaving a pilot suspended for two hours from a high-voltage electricity line.
Read more »
France dismisses Snowden's latest request for asylumFrance's foreign minister says 'it's not the time' to grant a new asylum request from former NSA contractor Edward Snowden.
Read more »
Belgian fighter jet crashes in France, pilot hits power lineBelgian F-16 fighter jet crashes in western France; one of its pilots caught on high-voltage electricity line, French authorities say.
Read more »
Belgian fighter jet crashes in France, pilot hits power linePARIS (AP) — A Belgian F-16 fighter jet crashed Thursday on a road in western France and one of its pilots is hanging from a high-voltage electricity line after his parachute got caught, according...
Read more »
France sending experts to investigate Saudi oil attack: ElyseeFrance will send experts to Saudi Arabia to help with investigations into an att...
Read more »
France wants facts before commenting on Saudi attack - foreign ministryFrance will not rush into commenting on who was behind an attack on Saudi oil in...
Read more »