Results 1 to 3 of 3

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Senior Member AirborneSapper7's Avatar
    Join Date
    May 2007
    Location
    South West Florida (Behind friendly lines but still in Occupied Territory)
    Posts
    117,696

    Germany says renegotiating EU pact ‘not possible’ after French election

    Germany says renegotiating EU pact ‘not possible’ after French election

    By Agence France-Presse
    Monday, May 7, 2012 7:33 EDT4




    The German government on Monday ruled out reworking the European Union’s fiscal pact despite calls to do so by French president-elect Francois Hollande.

    “It is not possible to renegotiate the fiscal pact,” government spokesman Steffen Seibert told a regular news conference.

    He noted that 25 of the 27 EU member states had already signed the accord imposing strict budgetary discipline in March after major wrangling.

    Hollande has called for a shift in strategy toward more growth-oriented measures including more public spending.

    But Seibert said Merkel would not accept “deficit spending” to feed economic expansion, and believed in “growth through structural reforms” such as reducing the cost of job creation as pursued by Germany over the last decade.

    Yet he dismissed suggestions that the apparently conflicting policies would put Merkel on a collision course with Germany’s closest ally, insisting she was ready for an open dialogue.

    “We will see what proposals and ideas he has and go from there,” Seibert said, referring to Hollande.

    He noted that Merkel was also a firm believer in promoting growth as a path out of the debt crisis.

    “Growth is not a new issue but rather the second pillar of our fiscal policy, and not just since yesterday,” he said.

    Seibert said he did not intend to draw red lines before Hollande’s first visit to Berlin, expected imminently after he assumes power from President Nicolas Sarkozy, a close Merkel ally, on May 15.

    “I would find it quite inappropriate for a government spokesman to already say what will work and what won’t,” he said, referring to Merkel and Hollande’s first meeting.

    Germany says renegotiating EU pact ‘not possible’ after French election | The Raw Story
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

  2. #2
    Guest
    Join Date
    Aug 2009
    Posts
    9,266
    Hmmm what is the difference they replaced a socialist with another socialist, oh wait it isn't their socialist!!!!

  3. #3
    Senior Member AirborneSapper7's Avatar
    Join Date
    May 2007
    Location
    South West Florida (Behind friendly lines but still in Occupied Territory)
    Posts
    117,696
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •