• France's news in English

Germany rejects French economic criticism

AFP · 6 Aug 2014, 14:19

Published: 06 Aug 2014 14:19 GMT+02:00

Facebook Twitter Google+ reddit

Asked about comments made by the French leader this week calling for "stronger support of growth" by Germany, a government spokeswoman said Berlin saw "no reason" to change tack.

"Germany is already an important or even the most important growth engine in the eurozone," the spokeswoman, Christiane Wirtz, told reporters.
"Which is why these rather general comments coming from Paris give the German government no reason to make any corrections to its economic policy."
Hollande made the comments in an interview published on Monday, arguing that Germany's trade surplus and its relative fiscal health "would allow it to do more in terms of investment".
"That would be the biggest favour that Germany could do for France and for Europe," he said.
Since the start of the eurozone debt crisis in 2010, Germany has faced accusations that by failing to use its standing as Europe's biggest economy to do more to kickstart growth, it is leaving struggling partners in the lurch.
Meanwhile its insistence on fiscal discipline in exchange for aid to debt-mired countries has left Germany open to accusations that it is exacerbating the problems it aims to help solve.
Under Chancellor Angela Merkel's left-right "grand coalition" government which took power in December, Germany has pledged more public spending on infrastructure and education and has passed a national minimum wage which it says will boost consumer demand.
But it has continued to keep a tight lid on financial outlays to meet its goal of a balanced federal budget from 2015.
Story continues below…
France, meanwhile, plans to cut spending and taxes to trim €18 billion from the deficit this year and €50 billion in 2015.
But key indicators for the French economy - the second-biggest in the zone - suggest that it is lagging behind the recovery of other leading members of the European Union, notably Germany.
Facebook Twitter Google+ reddit

Your comments about this article

Today's headlines
France given wake up call as it bids for Brexit business
The business district 'La Defense' in Paris. Photo: AFP

France clearly has some work to do if it really wants to pinch business from the UK post-Brexit.

Mouth fun? French words you just can't translate literally
Do you know the French word for throat-support? Photo: AFP

Word of warning: Don't translate French literally.

How France plans to help its stressed-out police force
Yellow smoke rises around French police officers in Paris holding a banner reading "Solidarity with our colleagues, police angry". All photos: AFP

Could these measures stop the cops from protesting?

'3,000 migrants dispersed' after 'Jungle' clearance
Photo: AFP

While thousands of migrants have been bussed out around France, new ones are arriving all the time and thousands of others have simply been dispersed aid agencies say.

Fifteen of the most bizarre laws in France
Photo: Matthew Powell/Flickr

A must read for anyone who wants to stay on the right side of the law in France.

Medieval town in south of France upholds ban on UFOs
The town of Châteauneuf-du-Pape. Photo: Aa77zz/Flickr

Aliens take note.

American tourist dies at French Riviera sex club
The Riviera resort of Cannes. Photo: AFP

American tourist reportedly fell five floors after being pushed outside the underground sex club in Cannes.

Paris: 'Flying' water taxis to be tested on River Seine
Photo: SeaBubbles

An in Seine idea surely? But tests will go ahead.

France joins fight for rich pickings from post-Brexit UK
Photo: AFP/DcnH/Flickr

France tries to woo EU's bank regulator and other agencies.

How speaking French can really mess up your English
Photo: CollegeDegree360/Flickr

So you've mastered French, but now it's time to learn English all over again.

The annoying questions only a half French, half Brit can answer
Sponsored Article
Last chance to vote absentee in the US elections
Forget Brangelina's chateau - here are nine others you've got to see
The must-see French films of the millennium - Part One
How life for expats in France has changed over the years
Why Toulouse is THE place to be in France right now
Video: New homage to Paris shows the 'real side' of city
The 'most dangerous' animals you can find in France
Swap London fogs for Paris frogs: France woos the Brits
Anger after presenter kisses woman's breasts on live TV
Is France finally set for a cold winter this year?
IN PICS: The story of the 'ghost Metro stations' of Paris
How to make France's 'most-loved' dish: Magret de Canard
Welcome to the flipside: 'I'm not living the dream in France'
Do the French really still eat frogs' legs?
French 'delicacies' foreigners really find hard to stomach
French are the 'world's most pessimistic' about the future
Why the French should not be gloomy about the future
This is the most useful French lesson you will ever have. How to get angry
Why is there a giant clitoris in a field in southern France?
French pastry wars: Pain au chocolat versus chocolatine
Countdown: The ten dishes the French love the most
Expats or immigrants in France: Is there a difference?
How the French reinvented dozens of English words
jobs available