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Trading news
8 Nov 2017
French FinMin Le Maire: EZ needs fiscal capacity for investments
Livesquawk reports comments from the French finance minister Bruno Le Maire, as he meets the German officials in Berlin today to discuss the future of the Eurozone.
Key Headlines:
Europe must become an economic force like US or China as well as a political force.
We must cut debt, deficit and public spending.
Chinese killed European solar panel industry, this sort of thing cannot happen again.
We are not protectionist, we just want to defend our national interest.
France and Germany should harmonize their corporate tax regimes by end 2018.
EZ needs fiscal capacity for investments and to cope with economic shocks.
France and Germany need to form working groups to discuss new EZ reforms.