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International News

Aug 22, 2019
9:38AM

Western countries should discuss ways to stimulate economies: French President

@EmmanuelMacron
French President Emmanuel Macron said that Western countries including Germany should discuss ways to stimulate their economies at a G7 meeting this weekend amid fresh fears of recession.

He told reporters in Paris that there is a need to ask ourselves the question in countries that have the capacity about the need for budgetary stimulus. 

France is eager for Germany to increase its public spending to combat its economic downturn, but Berlin is highly resistant to the idea of raising its borrowing and public debt.


Tensions have flared over Brexit, where Berlin has generally preferred a softer line than Paris, as well as budget policy where Merkel was unhappy over France's decision to increase its budget deficit.

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