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22 Aug 2016
France's Hollande: Europe must provide force to national economies
France’s President François Hollande is on the wires, during a press conference with Italia’s President Matteo Renzi and German’s Chancellor Angela Merkel, saying that the European economy needs an “extra push”.
Key headlines (via Reuters):
- Hollande:
- Europe must provide for defense
- Defense, development needed for security
- seeks coordination and fight against terrorism
- Reinforce protections needed at EU borders, coasts
- Europe must provide force to national economies
- Extra push needed for European economy
- Europe must serve political goals
- Merkel:
- EU needs to be ambitious on competitiveness
- Leaders need to work for strong and prosperous EU
- EU's stability pact offers a lot of flexibility
- Fully backs Renzi's courageous reforms
- Italy France and Germany need economic growth in a way that generates jobs. Requires private investment as well
- Renzi:
- We think Europe is not the problem, it's the solution
- Immigration is one of the most crucial challenges