Sunday, December 7, 2014

Angela Merkel gives lessons reforms in France – Obs

Angela Merkel gives lessons reforms in France – Obs

The reforms in France and Italy are insufficient, Judge German Chancellor Angela Merkel in an interview published Sunday, December 7 in “Die Welt” a week after the respite granted by Brussels for the two countries to improve their finances.

The European Commission “established a timetable that France and Italy will present measures Additional. This is justified because the two countries are indeed in a reform process, “said Angela Merkel conservative newspaper “Die Welt”.

But the Commission also said clearly that what is on the table so far is not enough. With which I agree, “said the conservative chancellor.

This interview was published two days before the expected re-election of Angela Merkel at the head of his CDU party, whose militants are extremely sensitive to rigorous discourse which runs for nine years the first European economy.

Last respite from the European Commission

There is one week, the European Commission granted a last respite to Paris and Rome, returning its verdict in the spring of 2015, but their budgets by requiring more effort to improve their finances public, on pain of sanctions.

France and Italy have a deficit or debt that do not meet the limits and their 2015 budget plans so to have ” risk of non-compliance “with EU rules, stressed Brussels. This term describes the financial penalties, an unpublished screenplay.

Irritated by the French too high deficits, Germany has multiplied the blows of the claw against Paris recent weeks, a sign of serious Franco-German tensions in substantive discussions on the French budget and disputes over economic policy. Berlin was careful not to appear publicly in the debate so far.

Despite several initiatives and Franco-German ministerial meetings, the fault lines do not appear have changed much between the two capitals, Paris demanding a strong support from its German partner for growth, and Berlin insisting on reforms and budget seriously.

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