French Finance Minister Bruno Le Maire emphasized over the weekend, in a direct reference to crisis-bedeviled Greece, that obligatory budget surpluses are not enough to overcome a country’s economic crisis. He also noted that more powerful Eurozone countries, such as Germany and France, but should invest more in boosting growth.<\/p>\n
Le Maire spoke at an event organized by an association representing Germany’s family-owned businesses, held in Berlin.<\/p>\n
He also touched on a standing French proposal to link Greece’s debt repayment rate with the country’s annual economic growth — i.e. a low GDP growth equaling a slower rate of debt repayment or even no servicing – emphasizing that this idea does not aim to “pool” an individual country’s debt amongst its EZ partners.<\/p>\n
Conversely, he said that despite the importance attributed to a “healthy” fiscal policy for EZ member-states, something that Paris also supports, Berlin must also show solidarity with weaker Eurozone members and support the latter in becoming more competitive.<\/p>\n
Source: naftemporiki.gr<\/p>\n","protected":false},"excerpt":{"rendered":"
French Finance Minister Bruno Le Maire emphasized over the weekend, in a direct reference to crisis-bedeviled Greece, that obligatory budget surpluses are not enough to overcome a country’s economic crisis. He also noted that more powerful Eurozone countries, such as Germany and France, but should invest more in boosting growth. Le Maire spoke at an<\/p>\n","protected":false},"author":1,"featured_media":15666,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-17582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/17582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/comments?post=17582"}],"version-history":[{"count":2,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/17582\/revisions"}],"predecessor-version":[{"id":17592,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/17582\/revisions\/17592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media\/15666"}],"wp:attachment":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media?parent=17582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/categories?post=17582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/tags?post=17582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}