French finance minister spouting forth 8 Nov
- Europe must become economic force like US or China as well as a political force
Political farce more like.
- we must cut debt, deficit and public spending
- Chinese killed European solar panel industry, this sort of thing can not happen again
- we are not protectionist, we just want to defend our national interest
Some might see little difference in the two.
- France and Germany should harmonize their corp tax regimes by end 2018
- EZ needs fiscal capacity for investments and to cope with economic shocks
- France and Germany need to form working groups to discuss new EZ reforms
It may have escaped his intention but Germany still needs to form a govt after the elections over a month ago.
Meanwhile EURUSD has given up above 1.1600 again and back to 1.1593. Demand/support around 1.1580 then larger option related into 1.1550
Le Maire- Reform or unravel
