frances economy minister critises german austerity measures
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

France's economy minister critises German austerity measures

Arab Today, arab today

Arab Today, arab today France's economy minister critises German austerity measures

French Economy minister Arnaud Montebourg
Paris - AFP

French Economy Minister Arnaud Montebourg on Saturday criticised German austerity measures and warned France would no longer "be pushed around" by the EU's economic powerhouse.
"You have to raise your voice. Germany is trapped in an austerity policy that it imposed across Europe," the Socialist minister said in an interview with Le Monde newspaper.
Montebourg's comments follow Germany's snubbing of a request from French President Francois Hollande earlier this month for an EU-wide shift of economic policy in order to encourage growth.
They put Montebourg at loggerheads with Hollande, who said this week he did not want to see France go "head to head" with Berlin.
Since the start of the eurozone debt crisis in 2010, Germany has faced accusations that by failing to use its standing as Europe's biggest economy to do more to kickstart growth, it is leaving struggling partners in the lurch.
"I hope that we can convince our European partners to make growth a priority," Hollande said at a press conference during a visit to the Comoros when asked about Montebourg's comments.
"Everyone who shares that idea is welcome, it is the position of the government."
France is mired in a stubbornly slow economic recovery and the central bank warned this month that Hollande had no hope of reaching his target of 1.0-percent growth for 2014.
Montebourg also criticised -- without mentioning Germany by name -- its role in helping the European Central Bank to determine eurozone monetary policy.
"Today, unfortunately, the hawks... fight inflation when it disappears while forgetting to fight the essential problems such as widespread unemployment," he said.

 

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*

frances economy minister critises german austerity measures frances economy minister critises german austerity measures

 



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*

frances economy minister critises german austerity measures frances economy minister critises german austerity measures

 



GMT 03:23 2017 Friday ,29 September

Mideast peace may not of a two state solution

GMT 19:01 2017 Tuesday ,25 July

Jordanian lady produces essential oils

GMT 08:29 2018 Tuesday ,02 January

High-end hotels retain Omani staff longer

GMT 09:41 2017 Sunday ,12 November

Saudi Arabia backs Bahrain

GMT 16:05 2017 Monday ,14 August

Svitolina destroys Wozniacki in WTA Toronto final

GMT 10:21 2017 Thursday ,26 October

Qatar 'to introduce' minimum wage

GMT 13:55 2017 Wednesday ,12 April

Bahraini King Meets Palestinian President
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday