The European Employment Commissioner Laszlo Andor, explicitly critical economic policy in Berlin Die Welt am Sonntag .
Reviews seriously beginning to converge: Germany must do more to pull Europe out of the doldrums. And the recent call comes … Brussels. In an interview Sunday in Die Welt am Sonntag , the European Commissioner for Employment Laszlo Andor, explicitly critical economic policy in Berlin and asked his Chancellor to change course. “It would be very important for Germany multiplies public investment, stimulates demand and reduce its excessive trade surpluses, which are hurting its European neighbors, he said. For this purpose, a change in the wage policy is essential from the point of view of the Commission “Thanks. A policy of wage restraint in the last decade, Germany has increased the competitiveness of its companies. Largest economy in the EU, the country now overrides its partners hoping for a recovery in domestic demand. “Rising wages remained down compared to the evolution of productivity,” says Laszlo Andor, which merely repeats the argument made last week by the head of the Bundesbank, Jens Weidmann.
The pressure therefore increases on Berlin at the invitation from Paris, Washington and Brussels, to change strategy. But for now, Angela Merkel resists. Chancellor sent an end of inadmissibility at the request of François Hollande in early August. The head of state suggested that Germany “serve” in Europe and France more support for growth. There is no reason to change economic policy, it was the answer. Angela Merkel can it change your mind? Chancellor is not the type to admit. Public opinion that Germany refuses to pay for economic laxity in other countries. And with the great coalition came to power last September, is already estimated to have softened its position. But with a GDP decline of 0.2% in the second quarter, Germany is, too, caught by the economic downturn.
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