Reaction of “Germany ’must invest more’, says France’s economic minister”

Reaction of “Germany ’must invest more’, says France’s economic minister”

 

Summary

 

Mr. Macron who is France’s economic minister said that Germany had “urgent responsibility” to invest more in the Eurozone. Europe’s economy has been floundering in recent month. It indicated the Eurozone economic saw anaemic growth. European Central Bank should adopt “offensive measures” to prevent deflation in the Eurozone. According to this article, all members of EU must make efforts to reconstruct its economy.

 

Reaction

Recently, I often hear that Europe’s economy is not good. For example, in UK, their economic growth revised down. Probably, it is because lower government and business investment than first thought, and higher imports. In this article, it is regarded as problem that Germany invests little. I think that they doesn’t do, but can’t do like UK.

 Today almost countries face financial crisis. Although they can’t solve their own problem, this is not the time to worry about all Europe. I think, at first, they should manage their country.

 Import rate must be not very high because Germany’s GDP is higher than UK’s. So, I think Germany should solve the problem of employment like France. I can find the many articles of “country’s bad economic situation” as soon as I look up “economy”. That means almost countries are in same situation. So I think each country must stand up to by its own power.

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