Germany’s interest in maintaining fiscal discipline at home and at European Union level is accompanied by a desire to ensure adequate public investment in economic reform, German Finance Minister Christian Lindner said today.
Speaking on the sidelines of his first visit to France, during his meeting with the French Minister of Finance, Bruno Lemerre, the German Ministry of Foreign Affairs noted that the regulations of the EU Development and Stability Pact. are flexible enough to allow public investment.
“We see the importance of public sector investment in sectors of the economy that are in need of transition,” he was quoted as saying by Reuters. “My view is not to focus only on regulations, but to have a debate on the right fiscal policies,” he added.
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Source From: Capital
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