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live Germany finances the investment fund in Greece

18 July 2013 / 16:07:20  GRReporter
4238 reads

Regarding the problems of unemployment, the German Minister of Finance said, "What we are trying to achieve together is to create a single labour market in Europe." He stresses that all countries are trying to stop the brain drain in times of crisis. However, it is not the most significant problem as the experience of Germany shows that the professionals who seek opportunities abroad return to their country with new experience and knowledge. Schaeuble states that Germany was the "sick" part of Europe 10 years ago. It is aware of the medicine which Greece is taking today and of the fact that there is no other way to rescue the economy than through fiscal consolidation and structural reforms.

 

Tags: PoliticsEconomyMarketsSchaeubleAthensCrisisEuro
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