German Finance Minister Wolfgang Schaeuble: Germany's fiscal consolidation has led to higher growth and lower unemployment

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24 April 2015

German Finance Minister Wolfgang Schaeuble: Germany's fiscal consolidation has led to higher growth and lower unemployment

German Finance Minister Wolfgang Schaeuble said on Thursday that Germany's fiscal consolidation has led to higher growth and lower unemployment. "There is no better alternative to this," he noted.

Schaeuble also said that Germany has to continue to reduce its overall debt to reach the 60% of GDP threshold.

European Commission Vice President Jyrki Katainen: European partners' trust in Greece has decreased

Germany: IFO - Expectations , April 103.5 (forecast 104.5)

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