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Germany Resists Calls for ECB Aid in Euro Growth Dilemma
German Finance Minister Wolfgang Schaeuble said deficit-fueled growth leads to economic decline, signaling discord with Italy and France as euro-area policy makers seek ways to avoid deflation and spur growth. With France urging a stronger role for monetary policy to help spark its stagnant economy, Chancellor Angela Merkel emphasized the European Central Bank’s independence in a recent phone call with ECB President Mario Draghi, German government spokesman Steffen Seibert said today. The call was at Draghi’s request, Seibert said at a regular news briefing in Berlin. German leaders are sharpening their tone as ... (full story)
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- Sep 2, 2014 11:43am Sep 2, 2014 11:43am
- JollyBean
- | Joined Jul 2009 | Status: Member | 382 Comments
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- Sep 2, 2014 12:29pm Sep 2, 2014 12:29pm
- hayseed
- Joined Nov 2006 | Status: Member | 314 Comments
to trade and code, keep both simple... no call to impress....h
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- Sep 2, 2014 1:48pm Sep 2, 2014 1:48pm
- JollyBean
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