Germany, France to discuss ways of boosting EU's economy


(MENAFN) French and German ministers held a meeting to discuss ways of improving in Europe's two biggest economies, AFP reported.

After a massive sell-off on European stock markets last week triggered by a flurry of disappointing economic data, French Finance Minister Michel Sapin and Economy Minister Emmanuel Macron are to meet German counterparts Wolfgang Schaeuble and Sigmar Gabriel in Berlin.

Expanding investment and growth are the official topics on the agenda but France's public finances as well as Germany's investment record will also likely be discussed.

On the eve of the visit, Sapin and Macron called on Germany to increase investment by USD64 billion in the next three years to match the amount Paris is seeking to save from public spending.


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