Arab Today, arab today french economy minister calls for eu new deal
Last Updated : GMT 08:56:04
Arab Today, arab today
Arab Today, arab today

French economy minister calls for EU 'New Deal'

Arab Today, arab today

Arab Today, arab today French economy minister calls for EU 'New Deal'

French Economy Minister Emmanuel Macron
Paris - AFP

French Economy Minister Emmanuel Macron on Sunday proposed a 300-billion-euro "New Deal" in Europe to boost investment and growth, while promising to accelerate fiscal reforms at home.
"Europe needs  a New Deal," he said in an interview published in the weekly Journal du Dimanche, evoking the original New Deal which transformed the US economy following the Great Depression of the 1930s.
Macron's comments came after Dutch Finance Minister and Eurogroup chief Jeroen Dijsselbloem said France should not be granted extra time to bring its budget deficit within the EU limit of three percent of GDP.
Macron, explaining his vision, said: "France engages to pursue and even intensify its reforms; the European Union announces a grand relaunch plan through 300 billion euros ($379 billion) of investments." Such a 'New Deal' would allow France to get hold of 10 billion euros of supplementary investment funding each year, he added.
"Everybody wins, while at the moment everyone is losing. The slowdown of the German economy is a new setback."
Finance Minister Wolfgang Schaeuble on Thursday denied Germany was falling into recession and stuck to his opposition to higher spending to revive the eurozone economy.
More growth will not be "achieved by writing checks," he said at an event on the sidelines of World Bank and International Monetary Fund meetings in Washington.
Macron recognised that France itself had work to do on the fiscal front but insisted that "we have six months to create a new deal in France and in Europe."
While talking of the European perspective, the French minister said it was no good simply blaming Brussels, Berlin or anywhere else for the country's financial woes.
"The solution lies within our capacity to move, to modernise the country, to unblock, to free up the economy, to provide the opportunity to those who want to work to create, produce, to operate much more easily."
He said that he would, in the coming weeks, announce details of a draft law containing his ideas which would be voted on "as soon as possible next year."

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today french economy minister calls for eu new deal Arab Today, arab today french economy minister calls for eu new deal

 



Arab Today, arab today
Arab Today, arab today Nasima Gamei revives Algerian heritage in jewelries

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives Algerian heritage in jewelries
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday