6386
Reforms Insufficient
World Economy

Reforms Insufficient

Reforms undertaken by France and Italy are insufficient, German Chancellor Angela Merkel said in an interview published Sunday, a week after the two countries won more time from the EU to put their public finances in order, AFP said. The European Commission has “drawn up a calendar according to which France and Italy are due to present additional measures”, Merkel told newspaper Die Welt in an interview. “That’s justified because both countries are in the process of carrying out reforms,” she said. “But the Commission has also said in a clear manner that what is on the table to date is still insufficient. That’s something that I agree with,” she said.

Short URL : http://goo.gl/ZwPc7N

You can also read ...

World GDP is expected to advance 3.5% in 2017—its best year since 2011—and 3.7% in 2018.
Nearly 10 years after the financial crisis brought the global...
The OECD believes that tax evasions cost governments around the world as much as $240 billion a year in lost revenue.
They have revolutionized the way people live, but are US tech...
Supporters of EU-Mercosur Free-Trade Pact Push for Deal
Supporters of a free trade pact between the EU and the...
Few Signs of Progress in NAFTA Talks
Negotiations in Mexico to update NAFTA have not made much...
Kuwait Needs $100b Over 5 Years to Cover Deficit
Kuwait will need $100 billion of additional financing over the...
China to Help Shortfalls in Pension Funds
China on Saturday announced a pilot program to help pension...
Goldman Predicts Four Rate Hikes in US
The US economy is heading into 2018 with strong momentum that’...
Emmanuel Macron (L), French Labor Minister Muriel Penicaud (C) and Jean-Claude Juncker.
The EU is trying to present itself as more socially just,...

Trending

Googleplus