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France reassures Germany to cut deficit to boost growth
Last Updated(Beijing Time):2012-11-16 09:22

France's Prime Minister Jean-Marc Ayrault said on Thursday that his country is committed to carrying out necessary financial and economic reforms and keeping debt under control.

Ayrault, who is on his first visit to Berlin since taking office in May, told a press conference with German Chancellor Angela Merkel that Paris was determined to curb its public deficit lower than 3 percent of its gross domestic product next year.

"Everything the French government is doing is to resume growth, and if we don't manage to reverse the economic situation, then the people of Europe will lose courage and turn away from Europe," he said.

Merkel told the joint press conference that the German government and other creditors wouldn't accept losses on loans already given to Greece, urging European finance ministers to agree a solution to Athen's problem.

"We have expressed our desire that the troika report be available as soon as possible and that the (European) finance ministers be able to make a decision when they meet again," Merkel said.

Ayrault added: "the moment of decision regarding Greece is approaching and, like Germany, France hopes this decision comes as quickly as possible."

"The important thing is to do everything to keep Greece in the eurozone, there is a consensus on this essential point. If there were any doubt or hesitation we could bear a very heavy responsibility," he said.

Ayrault, who is fluent in German, praised Germany as a good model for economic development, saying it could be an example for France to follow to boost its own economic competitiveness.

"We want a strong France, as France wants a strong Germany, so that together we can become a strong Europe," Merkel said.

Source:Xinhua 
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