Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

15 November 2012

DW: French premier Ayrault defends course in Berlin


Appearing with Chancellor Angela Merkel in Berlin, Prime Minister Jean-Marc Ayrault said the French government's "sole compass" was a return to economic growth and a reduction in unemployment.

"A return to economic growth and a reduction in unemployment figures are our sole compass", the French prime minister said in a joint press conference with Chancellor Angela Merkel. "We will use everything at our disposal to achieve the goal of restoring growth."

The French government recently announced plans to grant companies €20 billion in annual tax credits to lower labour costs - an attempt to encourage companies to start hiring.

The government in Berlin is reportedly wary of French economic policy since the left-leaning government of François Hollande came to power in May this year, with German Finance Minister Wolfgang Schäuble reportedly asking his advisors to draft policy suggestions for Paris. Schäuble, who also met with Ayrault, said that Germany and France did not "grade" each other's policies.

Full article



© Deutsche Welle


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment