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The IMF on the situation in Europe: Germany to spend more

Europe's economy is in a precarious Situation - but the signs are good. At the same time, the IMF called on Germany to invest more money - quite to the Annoyan

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The IMF on the situation in Europe: Germany to spend more

Europe's economy is in a precarious Situation - but the signs are good. At the same time, the IMF called on Germany to invest more money - quite to the Annoyance of the Minister of Finance Scholz.

From the point of view of the International monetary Fund, the world economy is in a "delicate Moment" - and this is particularly true for Europe. The growth has slowed down here are strong, stronger than what the IMF expected.

The responsible IMF managing Director Poul Thomsen was one of a number of problems: Less International demand, trade disputes, unclear Brexit, but also the new exhaust rules, and their consequences for the German car industry.

at the same time did not want to paint Thomsen the picture to black: The IMF expects that this year, stronger recovery: "This is partly due to the fact that the sharp slowdown was temporary reasons. For example, the problems of the car industry in Germany, relax. In addition, we expect that the demand will be supported by the strong labour markets. The good news is that employment and wages are rising in most countries."

the IMF repeated a familiar Mantra

This also applies to Germany. Thomsen said he hoped that wages in Germany continue to grow. This could, for example, help to reduce the high German export surplus. Thomsen again, the old demand of the IMF, reiterated that Germany stand financially so well that it can invest more money.

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