Arab Today, arab today us germany urge more investment to aid growth
Last Updated : GMT 10:09:25
Arab Today, arab today
Arab Today, arab today

US, Germany urge more investment to aid growth

Arab Today, arab today

Arab Today, arab today US, Germany urge more investment to aid growth

German Finance Minister Wolfgang Schaeuble and US Secretary of the Treasury Jacob Lew
Berlin - AFP

US Treasury Secretary Jacob Lew and Germany's finance minister called Thursday for an investment boost to help spur economic growth on both sides of the Atlantic.
"More can be done in both the USA and Europe to strengthen growth and job creation, particularly through efforts to boost public and private investment," Lew told a joint press conference after holding talks with Wolfgang Schaeuble.
"Greater investment would help generate much needed demand in the near-term while also supporting longer-term growth potential," he said in the German capital, after earlier stops in the United Arab Emirates, Saudi Arabia and Israel.
Schaeuble, Germany's conservative veteran finance minister who is a strong defender of budgetary rigour, said that investment did not only have to be via public funding.
"We also need very much more private investment, also in long-term infrastructure projects," he told reporters.
Both Schaeuble and Lew indicated agreement on the importance of pushing ahead with negotiations to seal an ambitious transatlantic free trade pact between the European Union and United States.
On Lew's last visit to Berlin in January, he called on export powerhouse Germany to spur demand at home to help revive European growth.
He again raised the issue Thursday, saying: "We continue to believe there is a demand problem in the world and continue to believe that policies that would help strengthen demand would be helpful.
"But we agree there needs to be a balance between short-term and long-term steps."
And amid a debate over granting some EU members more leeway under the EU's strict fiscal rules, Schaeuble reiterated comments by Chancellor Angela Merkel that the Stability Pact already contains enough flexibility.
He said that success in overcoming recession in the eurozone had shown "that we have been successful with this European stabilisation policy".

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 us germany urge more investment to aid growth Arab Today, arab today us germany urge more investment to aid growth

 



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 us germany urge more investment to aid growth Arab Today, arab today us germany urge more investment to aid growth

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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