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Germany Closer To Right Balance On Growth: U.S.'s Jack Lew

Wochit
Wochit
6 years ago|6 views
Germany is moving in the right direction in striking a balance between economic growth and fiscal consolidation, but should continue to look for ways to spur domestic demand, U.S. Treasury Secretary Jack Lew said on Wednesday. "Over the course of this past year, I think we've seen very constructive movement to get the balance right between fiscal consolidation and growth," he said, in a joint news conference with his German counterpart Wolfgang Schaeuble.