Luxembourg's Juncker defends French, German deficits

(...)

Jean-Claude Juncker: "It would be extremely difficult in the Netherlands, Belgium, Luxembourg and Austria to get back to an economic tempo that promotes growth and employment if the large economies of Europe – Italy and especially Germany and France – don't rebound".

(...)

Jean-Claude Juncker: "We can't at a time of total economic downturn force both countries to cut back on investment or to take further percentages of GDP out of consumption. This would worsen the economic slowdown."

(...)

Jean-Claude Juncker: "We have to weigh what is more important: applying the theoretical standards of the stability pact, which have their validity and justification, down to the last percentage point, to the last millimeter, or to take a longer-term approach to both stability and growth".

(...)

Jean-Claude Juncker: "I can't tell people to vote for me and then leave three weeks later".

(...)

Dernière mise à jour