BERLIN, Jan 15 (Reuters) – Germany praised on Wednesday
economic plans unveiled by French President Francois Hollande as
a courageous “new direction” which could revitalise France just
as welfare state reforms a decade ago succeeded in its larger
Under pressure over a lacklustre economy and high
unemployment, Hollande outed himself as a “social democrat” in
the German mould on Tuesday and announced a series of measures,
including public spending cuts and tax relief for business.
BERLIN, Jan 10 (Reuters) – Germany should consider its own
measures to crack down on tax avoidance by global firms like
Google and Amazon if an international
initiative to tackle the problem does not produce results by the
autumn, an influential state minister said.
Last year leaders of the G20 group of nations asked the
Organisation for Economic Cooperation and Development (OECD) to
make recommendations for addressing corporate tax avoidance.