Via France election: Germany rules out reworking EU’s ‘fiskalpakt’ – Telegraph. Mr Hollande has called for a shift in strategy toward more growth-oriented measures including more public spending. But Mr Seibert said Angela Merkel would not accept “deficit spending” to feed economic expansion, and believed in “growth through structural reforms” such as reducing the cost of job creation as pursued by Germany over the last decade. I feel sure Mr Hollande’s socialist ideas are dangerously daft but if he cannot govern […]
Tags: Democracy, EU, euro, France