Germany’s Merkel: We avoid unfair trade practices
Livesquawk reports comments from the German Chancellor Angela Merkel, as he speaks on various issues during her campaign trail ahead of the federal election due next month.
Key Points:
German politicians do not influence FX rates, we avoid unfair trade practices
We do not see trade surplus as too dramatic
We are pleased about German competitiveness
Would be an important reform to transform ESM bailout fund into a European Monetary Fund
EMF would bring more stability to Eurozone
Have nothing in principle against a European finance minister, just have to nail down thw responsibilities
Could imagine both a European finance minister and economy minister to do more for EU's competitiveness
Latest EZ data is positive
Greece in a much better place than a year ago