Arab Today, arab today merkel no new stimulus from germany
Last Updated : GMT 06:30:05
Arab Today, arab today
Arab Today, arab today

Merkel: No new stimulus from Germany

Arab Today, arab today

Arab Today, arab today Merkel: No new stimulus from Germany

Berlin - AFP

Germany does not have the economic strength to launch another stimulus package now without running the risk of losing market confidence, Chancellor Angela Merkel said on Monday. In 2009, Germany boosted its crisis-hit economy, Europe\'s largest, with large-scale spending, but now, said the chancellor, \"we do not have the strength for a second economic package without losing international confidence.\" In the debate about how to help eurozone countries hit by high deficits, debt and recession, Merkel has long stressed the need for structural reforms and cost-cutting to rebalance public finances. Critics especially in southern Europe and France have charged that the fiscal discipline approach stifles growth and adds to the economic pain, calling instead for greater stimulus measures that would revitalise demand. Last week, the new US Treasury Secretary Jack Lew during a Berlin visit also urged economies to stimulate consumer demand. Speaking on Monday to an audience of bankers, Merkel also took care to highlight progress in regulating the financial system, but warned that much work remained to be done. \"We have promised the public that every financial center, every actor, every financial product, is subject to regulation, and we are still far from that,\" she said, while calling for the G20 to pursue efforts in this direction.

arabstoday
arabstoday

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 merkel no new stimulus from germany Arab Today, arab today merkel no new stimulus from germany

 



Arab Today, arab today

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 merkel no new stimulus from germany Arab Today, arab today merkel no new stimulus from germany

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
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