BERLIN: Growth-friendly budget policies such as higher investment in innovation, research and transport were crucial to helping Germany cut its debt Chancellor Angela Merkel said on Saturday.
Showing posts with label public spending. Show all posts
Showing posts with label public spending. Show all posts
6/28/2013
French auditor urges economic reforms to slash spending
France's national auditor has warned that further cuts in public spending are needed if the country is to get its ailing economy back on track.
1/09/2012
Germany Resists Europe's Pleas to Spend More
FRANKFURT — Spain, Italy and Greece are sharply cutting public spending because they have no choice. But Germany is still healthy enough that it could do its troubled trading partners a favor and focus more on promoting demand and less on cutting debt.Could, but almost certainly will not.
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