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Breakingviews: Germany's new govt to take chances on growth

Monday, December 16, 2013 - 04:30

Dec. 16 - Wolfgang Schaeuble keeps his job as Germany's finance minister in the new ruling coalition. But Merkel's concessions to the SPD could hurt long-term growth, argues Breakingviews.

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On today's breaking views -- new government is taking his chances on credit. Yep rests on -- is breaking these European Edison joins me now can't. How and in -- medical school this continuity going to initially planning finance minister. Only content the FB he's got the labor Ministry's. Is this a big risk. Quest to defend a new government has nothing do with previous when the government -- of the SPD's. Social Democrats. We've spread pretty big influence that at some point during the talks the long talks that kind of other platforms that coalition government. He almost has stuck like the SPD had won the election which they haven't by any mixture having scored one of that we -- That result in years but. That he held the key to the yet a beauty. Of Morocco to build the kind of form a government so they could extract pretty big promises especially in terms of -- policies. And our columnist who left still make things this risk there. In terms for long term growth. -- -- is just the ticket because of the minimum wage -- two points to come. Wearing. One these the minimum wage. Which you would be good thing in the western part of the country for more productive in the actually. But or -- thinks it is a risk in the eastern part of the country having. Something that he's not flexible. Depending on the region which who originated part of what. The conservatives were asking forward ready to concede. He's probably missed new flexible yet so I told. Eight point five euros and now -- who loved Germany this probably means that some companies in the eastern part of the country with him. I'm product and competitive and we totally of course there's so and it -- is that the price at Johnny's paying for and you coalition for -- -- -- the price they have to pay for questions politics in general and so the other thing being that. Does the pension reform which has been suffering somehow would -- -- some people's. To -- at 63 this wouldn't have cost them and that can be the precedent. To them and having accompaniment. -- -- is lucky and that is a big fake his his son these surprise. Choosing if I slept on delay and has the defense honest. I believe she has seven children -- nanny apparently and leaves on time everyday at 5 o'clock I mean if she. The successes -- and potentially the new knuckle but that's the big question mark. American seems to be testing her and putting her in another she had the labor -- industry. Before last season. That -- defense ministry of higher risk. Ministry produced some -- justices have left either windows cloud because of course government that ministry like you know countries. Right with risks for. I'm wasting taxpayers' money and that wastes and and if not it's not a corruption. But she's a very highly -- highly visible. -- young but he just in Germany. In terms of the rest of your -- very strongly pro Europeans have to agree terms. Germany's popularizing the use an Indy you. And it all depends of course from American's decision to leave before the end of this. -- or not some have speculated that to my camera -- -- which is of course that front. And of course as an analyst told if that's -- survives. He news the -- -- -- this still she could be a top told in about two a year. The other very negative very contentious and Germany want things to be the darling of the media and nothing is to survive in the cutthroat politics -- in -- faulty. You know competition and don't be though when -- few others who might want the child so it's far from a done deal. The media love our he has done -- major mistakes so far and again a lot can happen in the next two years. Where we Cassidy did and my thanks to PM -- from breaking views. LaMont and assessing financial inside watching you as breaking each and every day at Tulsa FC east in seventeen that he TNT commenting -- this is what is.

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Breakingviews: Germany's new govt to take chances on growth

Monday, December 16, 2013 - 04:30