Arab Today, arab today germany france to draw up investment plans
Last Updated : GMT 03:13:34
Arab Today, arab today
Arab Today, arab today

Germany, France to draw up investment plans

Arab Today, arab today

Arab Today, arab today Germany, France to draw up investment plans

German Finance Minister Wolfgang Schaeuble
Berlin - SPA

Germany and France agreed Monday to draw up proposals by the beginning of December to boost investment as they try to come up with a strategy that will help shore up the European economic recovery.
The German government has faced pressure from abroad to pump more money into the economy to help bolster both its and Europe's recovery. However, it appears determined to stick to plans to halt new borrowing next year for the first time since 1969.
France, meanwhile, is under pressure to get its finances in order after admitting that its 2015 budget would break promises to bring its deficit below the European Union limit of 3 percent of its annual gross domestic product within two years.
'We are determined to do everything together to strengthen investment in our countries. We will do that in the framework of the different capacities we have to act,' German Finance Minister Wolfgang Schaeuble said after he, and Germany's economy minister met their French counterparts.
A plan to be drawn up over the coming weeks will likely include investment proposals for Germany and France, as well as possible joint projects and 'common ideas for European projects,' French Economy Minister Emmanuel Macron said.

The German ministers stressed the importance of stimulating private investment, rather than boosting government borrowing.
Ahead of his visit, Macron was quoted by a German newspaper as suggesting that Berlin should raise investment by 50 billion euros ($63.8 billion) over the next three years while Paris cuts spending by the same amount. Macron said Monday he 'didn't demand anything' but noted that 'Germany has a greater capacity than us to make investments.'
The European Union executive will decide over the coming weeks whether to force member countries to revise their budgets. German weekly Der Spiegel reported Monday, without citing sources, that Germany could oppose such a move against France if Paris commits to a specific timetable for reforms.
French Finance Minister Michel Sapin insisted that 'there is no pact and we are not looking for a pact' on the budget issue, and that Paris doesn't want any change to budget rules.

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 germany france to draw up investment plans Arab Today, arab today germany france to draw up investment plans

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
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