Germany and France are seeking to ease the euro area’s deficit rules to reflect efforts by governments to fix their economies, German Economy Minister Sigmar Gabriel said.
German economic policy will be geared more toward fostering public and private investment as the outlook for growth brightens, Economy and Energy Minister Sigmar Gabriel said.
Chancellor Angela Merkel rebuffed her deputy’s suggestion to ease deficit rules in the euro area, saying governments already have enough leeway.
"What's decisive is ending the civil war in Ukraine."
- Sigmar Gabriel on Jul 21, 2014