frances economy minister critises german austerity measures
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

France's economy minister critises German austerity measures

Egypt Today, egypt today

Egypt Today, egypt 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.

 

egypttoday
egypttoday

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 09:51 2019 Monday ,19 August

Live a frustrating atmosphere in your career

GMT 09:39 2019 Monday ,19 August

Live an important atmosphere in your career

GMT 07:16 2017 Sunday ,02 April

Stella & Dot brings PR in-house

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 17:20 2012 Thursday ,24 May

Easy peach cobbler

GMT 09:16 2011 Wednesday ,23 November

Women\'s rights at stake in Morocco

GMT 14:44 2017 Tuesday ,19 December

SIS KG students engage in collage activity

GMT 09:56 2015 Monday ,02 March

Blast hits fireworks warehouse in Sanaa

GMT 07:45 2017 Sunday ,12 November

Take a tour through the 'watery' town of Shimabara

GMT 10:04 2012 Tuesday ,28 February

Africa with new rainforest Spa rituals
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt 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 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday