German finance minister Wolfgang Schaeuble spoke over the weekend (at the G20 summit in Cairns, Australia):
Said it was not task of ESM (European Stability Mechanism) to finance investment, that the fund’s purpose was only to help countries in trouble and to boost confidence, not to boost investment
- “That has nothing to do with financing investment”
- “But above all the fund is there not to be used and to create confidence”
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Bit strange, I always thought it a bad idea to stand between a politician and bag of money. Kudos Mr. S.
Where’s Wally?
