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Merkel, hollande agree to make effort to push on growth - China Steel Framing Systems by wang dong





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Merkel, hollande agree to make effort to push on growth - China Steel Framing Systems by
Article Posted: 08/31/2013
Article Views: 118
Articles Written: 1102
Word Count: 660
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Merkel, hollande agree to make effort to push on growth - China Steel Framing Systems


 
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Despite their differences over how todrag Europe out of its current economic swamp, German and Frenchleaders pledged to make joint effort to reinvigorate growth in thecontinent during their first meeting on Tuesday. "We share the responsibility for a good development in Europe and Ithink we will find solutions for individual problems in thisspirit," German Chancellor Angela Merkel told a joint newsconference. She made an effort to downplay the differences between her and theFrench left-wing new president Francois Hollande, who took officejust hours ago. The high-profile visit, which was Hollande's first diplomatic trip,was overshadowed by storm that forced his plane to return toVillacoublay military airport, apart from mounting internationalpressure of a potential Greek eurozone exit. Earlier in the day, the final critical talks among Greek partyleaders over the formation of a national unity government to leadGreece after the May 6 parliamentary elections collapsed, with thedebt-ridden country heading to fresh polls in June.

However, leaders of the eurozone's two largest economies expressedtheir wish for Greece to stay in the single currency bloc. "We want Greece to stay in the euro," said Merkel, adding thatGermany and France were prepared "to study the possibility ofadditional growth measures in Greece" if Athens said they neededthem. Hollande echoed Merkel's opinion, while promoting a growth-drivenstrategy which was at core of his presidential campaign. "I hope that we can say to the Greeks that Europe is ready to addmeasures to help growth and support economic activity so that thereis a return to growth in Greece," Hollande said.

Calling the French-Germany ties as "balanced" and "respectful",Hollande said that "everything should be put on the table" at theforthcoming informal summit of EU leaders in Brussels due on May23. In addition, Hollande also affirmed his wish for a renegotiation ofthe EU fiscal pact. "I said it during my election campaign and Isay it again now as president that I want to renegotiate what hasbeen agreed to include a growth dimension." Though remained opposed to any change of the EU fiscal pact, whichhas been ratified in several of EU member states, Merkel made it apoint to send a signal of unity. "Growth has to feed through to the people.

And that's why I'm happythat we'll discuss different ideas on how to achieve growth,"Merkel said. Following the visit to Germany, Hollande is due to fly toWashington later in the week to meet U.S. President Barack Obama atthe G8 meeting scheduled for May 18-19 at Camp David of the U.S.presidential retreat, as well as NATO summit in Chicago on May20-21. Related: News Analysis: Germany, France to bridge differences on tacklingdebt crisis BERLIN, May 15 (Xinhua) -- Rarely has the relationship between twoleaders become awkward even before they meet each other, but GermanChancellor Angela Merkel and newly sworn-in French PresidentFrancois Hollande pledged to work together on Tuesday, much to therelief of those who fear that their political differences wouldhamper the fight against the eurozone debt crisis. Though the goal of their meeting on Tuesday was for the two leadersto get acquainted with each other and no decisions were made, themessage is clear: everything will be fine despite theirdifferences, and the eurozone's two biggest economies will keep uptheir leadership in the fight against the debt crisis.

Full story Merkel says Germany, France to cooperate on growth BERLIN, May 15 (Xinhua) -- Germany and France would make jointeffort to reinvigorate economic growth in the eurozone, GermanChancellor Angela Merkel said on Tuesday following talks withFrance's newly sworn-in President Francois Hollande. "It will be very important that Germany and France present theirideas together at this summit and work closely together to prepareit," Merkel told a joint news conference, trying to downplay thedifferences between her and the French left-wing president, whotook office hours ago. Full story.

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