Germany will no longer lecture EU economies

Germany will no longer lecture EU economies

Germany will no longer lecture other European Union economies, so stated Olaf Scholz, which is the most controversial name to become finance minister in the new German Chancellor Angela Merkel coalition. Germany does not need to dictate to European states how to rule in [...] country.

German doesn't need to dictate to European states how to govern their country. There are some mistakes that were made in the past”, Scholz told Der Spear.

His words are like criticism of former Finance Minister Wolfgang Schauble, who has consistently insisted on a severity to the states that had crises within the Eurozone.

Germany's economic partners, as well as international institutions such as the International Monetary Fund, call on Berlin to invest more in order to raise other economies indirectly.

German officials, however, say trade surpluses are an indication of Germany's power.

We remember that the German state is the richest member of the Eurozone.

 

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