Schaeuble: Reforms needed to to make Europe competitive

The Germans have hit Paris with German labor minister Ursula Von der Leyen and Wolfgang Schaeuble both speaking.

Von der Leyen says euro governments must break a vicious circle in which companies can’t hire worker because they can’t get affordable funding.

  • Governments must work on a Europe for the future so thatthe young generation has a chance

Schaeuble

  • Mustn’t set wrong incentives with aid policies
  • Can work pragmatically under current rules
  • Need more success now against youth unemployment

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