- Crucial to combat EU unemployment
- Must maintain focus on structural reform
- Calls for strengthened investment in infrastructure
- Has every confidence in the ECB, it has made smart decisions in the past
- Interest rate level is temporary not permanent solution
- Germany must boost private and public investment
German finance minister Wolfgang Schaeuble is speaking alongside Italy’s fin min Pier Carlo Padoan in Berlin, who says that Italy will focus on growth during their 6 month presidency and that increased investment is needed within the EU.
Padoan adds that he is convinced that the ECB will make the necessary decisions and that they will be suitable
- Clear that low interest rates for countries with high debt are meaningful (like Italy per chance?)
