Bureau Chief for Germany, Austria, Switzerland
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Oct 14, 2014
Oct 13, 2014
Oct 13, 2014

Berlin and Paris seek reform proposals to avert policy clash

BERLIN (Reuters) – The German and French economy ministers have asked experts in Berlin and Paris to come up with reform recommendations for both countries in an apparent attempt to avert a full-blown clash between the euro zone heavyweights over economic policy.

In letters signed by Sigmar Gabriel and Emmanuel Macron and seen by Reuters, the two ministers note that the European recovery is lagging that of other advanced economies, raising the risk of a “lost decade” of weak growth, excessively low inflation, high debt and high unemployment.

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    • About Noah

      "I run the Reuters news operations for Germany, Austria and Switzerland based in Berlin, and write regularly about German politics and European economic issues. I've reported from over 20 countries for Reuters since joining in the mid-1990s, including stints in Paris, London and New York."
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