The French Economy Minister Emmanuel Macron held Tuesday, January 6 that Greece had its place in the eurozone whatever his next government and recommended Germany and the European Central Bank to do more to revive Europe.
“The place of Greece is in the euro area, regardless of the next government,” said the young socialist minister in an interview published in the business daily Les Echos website.
Greece must make the necessary reforms
According to the German press, Chancellor Angela Merkel would consider an output of the Greece of the single currency if the Radical Left (SYRIZA) would win the elections on 25 January and undermine discipline.
“This is the Greek people supremely appoint representatives who them- same will have to meet the commitments of their country, “said Emmanuel Macron .
Asked about the possible need for further restructuring of Greek debt, the minister said that the aid plan implemented by the troika (note: EU-ECB-IMF). could “evolve further, but only on condition that Greece continues to lead the economic and political reforms necessary”
The responsibility of Germany
To promote recovery in the eurozone, Emmanuel Macron calls for “more intelligently articulated fiscal policies, a Germany that leads a real policy stimulus and increased volunteerism in European investment. “
Faced with a” democratic exhaustion in countries subject to austerity, “such as Greece, Minister announced that President Francois Hollande would attach, during his meeting with Angela Merkel scheduled for Sunday in Strasbourg to “convince our German partner that France and Germany must go further together for the revival of Europe “.
The first European economy” still move if she trusts and if it becomes aware that we have major challenges in the medium term, “he said.
Germany “should invest more. She has an overriding responsibility to do as France has an overriding responsibility to carry out reforms, “he added.
The ECB more offensive?
Finally, him, “the ECB should now be able to take offensive measures to prevent inflation expectations drop out and support the reforms that are undertaken to promote growth.”
Investors expect growing to a vast program of asset purchases by the European Central Bank (ECB) to stimulate economic activity
2015:. the year of France
But it is also convinced of the future contribution of competitive employment tax credit,” which will represent 17 billion euros in 2015, “he said. Finally, the entry into force of the first premium reductions pane responsibility pact should help to improve the country’s macroeconomic situation. Specifically, this first installment should allow “a halving of contributions (employers, note) for an employee at minimum wage, or 140 euros per month in less contributions.” Therefore, this measure would have the advantage of reducing the wage costs of businesses and give them consequently more leeway.
All this to “restore the confidence of entrepreneurs” and to restart at the same time hires and investments.
(with AFP)
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