Posted on 04/09/2013 9:17:46 PM PDT by Olog-hai
US treasury secretary Jack Lew on Tuesday (9 April) hinted that Germany should boost its internal demand to help Europe get out of the crisis.
But German finance minister Wolfgang Schäuble said Berlin has no need for US tutelage.
“We need to balance policies of growth and fiscal consolidation. The driving force behind any recovery is consumer demand, so any policies to help encourage consumer demand in countries that have the capacity would be helpful,” Lew said during a joint press conference with Schäuble in Berlin. …
(Excerpt) Read more at euobserver.com ...
Germany backs Japan as North Korea increases regional tensions
http://japandailypress.com/germany-backs-japan-as-north-korea-increases-regional-tensions-1026688
Too familiar for comfort.
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