Berlin couldn't wait

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Berlin couldn't wait
« on: May 10, 2017, 06:07:21 PM »
Berlin couldn't wait
 
Berlin - European Commission chief Jean-Claude Juncker, on Monday, called on France's incoming president Emmanuel Macron to cut public spending, saying its current policies involved too much money going to wrong things.
"We have a real problem with France," Juncker said in Berlin a day after Macron's resounding electoral win.
Juncker said between 53 and 57% of France's gross domestic product went toward public spending.
"That can't go well in the long run with relatively high debt," Juncker warned, indicating that Macron could not rely on the good will of his key European partners for too long.
"France is going to have to compromise with others... Germany is not alone in speaking out about a policy of stability...there are other countries too," he told reporters.
http://www.news24.com/World/News/juncker-warns-macron-french-spend-too-much-20170508


 
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