BERLIN: Germany must help new French President Emmanuel Macron to succeed, Chancellor Angela Merkel said on Monday, saying she hoped he manages to fight unemployment in France and adding that the best way to counter populists was to solve problems.
Macron is due to meet unions on Tuesday to discuss labor reform. He has said he intends to use executive decrees as soon as this summer to reform labor laws in a country where unemployment remains high at 9.6 percent.
Asked about Germany’s large trade surplus during an event at a school in Berlin, Merkel said her country could invest more even if domestic demand is already the driving force of economic growth.
The center-right chancellor added that reasons for the surplus included a euro that is weak due to the European Central Bank’s expansionary monetary policy and a low oil price. (Reporting by Andreas Rinke, writing by Michael Nienaber and Emma Thomasson)
Merkel says Germany must help France’s Macron to succeed
Merkel says Germany must help France’s Macron to succeed
