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Arnaud Montebourg "Deficit: Europe must change course"

From lesechos.fr

There are ten days, you said in Berlin that the deficit was "incidental". This is no longer the case? My priority as Minister of Economy, is to regain room for maneuver to regain strong growth and the path of full employment. Straighten the public accounts is not an end in itself, it is a commitment of France vis-à-vis its European partners. It is also the guarantee of our sovereignty vis-à-vis financial markets and finally this is what will allow the state to companies but also to households to borrow at low rates. We will fight the battle of growth for France and Europe. I remind you that the euro area is now the red ... (full story)

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