Deputy fin min Spahn on Bloomberg
- Europe needs to continue its reform strategy
- There is no room for rest on reform
- EU still faces structural barriers to growth
- Loosening deficit cuts wouldn't help euro member states
- More debt is part of the problem, not the solution
- EU states must show that commitments are credible
- Sharing risks means sharing sovereignty
- Common euro deposit insurance is inconceivable right now
- Common EU rules must be mutually respected and enforced
When it comes to rules, the German's wouldn't give an inch of wiggle room
- Expects at least €6bn budget surplus in 2015
- Will use surplus for refugees in 2016
