• Germany's news in English
 
app_header_v3

Merkel tells Europe: work harder to stay rich

The Local · 17 Dec 2012, 16:09

Published: 17 Dec 2012 16:09 GMT+01:00

"If Europe today accounts for just over seven percent of the world's population, produces around 25 percent of global GDP (gross domestic product) and has to finance 50 percent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life," Merkel told the British Financial Times in an interview.

Europe will have to spend more on research and education and overhaul its tax and labour markets to restore competitiveness, she said. "All of us have to stop spending more than we earn every year."

The chancellor was unrepentant about implementing the policy of austerity measures in response to the euro debt crisis, and reiterated her determination to make contracts with EU partner countries to implement more structural reform.

Merkel also used the interview to explain why policy building takes a little longer in Germany, and why she is often reluctant to commit to a course of action until a consensus has been formed.

"Social cohesion is very important to people in Germany," she told the paper. "Our federal system means that in Germany competences are distributed between the federal level and the Länder [the 16 federal states].

Story continues below…

"Although that sometimes makes politics arduous, it’s also one of our country’s strengths, namely the ability to find good solutions to problems, and for Germany, across party lines."

The Local/AFP/bk

The Local (news@thelocal.de)

Your comments about this article

16:26 December 17, 2012 by lucksi
Or, in other words, those with jobs will have to work harder or have to pay more taxes to fund the social system.
16:41 December 17, 2012 by raandy
Thats a great pep talk, but being rich isn't important to everyone.I would rather have enough for all the basics ,and not be in debt than work all the time have all the candy.
17:12 December 17, 2012 by analyzer
Merkel: work harder becoz people need to buy our cars and beers
18:35 December 17, 2012 by sonriete
well, Mr Van Rompuy has made clear with his roadmap toward greater intergration that the EU will definately be transformed into a transfer union, with euro bonds and all the rest, so why would club med work harder?

If their incomes rise it could jepoardize their future cohesion funds, they will of course work less hard now, with this new blueprint being revealed.

And we all know there will be no more democratic referendums on these matters, especially in the north, not after the insolent French and Dutch electorates voted no on the constitution.
20:40 December 17, 2012 by ChrisRea
@ raandy

Your point of view is in line with Merkel's. "All of us have to stop spending more than we earn every year." It is basically what the Fiscal Pact and the austerity measures are about. The title twisted a little what was actually said.
21:05 December 17, 2012 by smart2012
Sonriete, this statement applies to all Europe... incl. Germany. How cannot u see that Verkel is keeping covering her a.. Last year she said Germany can stay alone. Now that Germany is struggling she says Germany needs euro, and all needs to work harder.. Why did not she say this 1 year ago, instead if fueling silly nationalism?
22:35 December 17, 2012 by sonriete
@smart2012;

I assume you're thinking of her statement and not mine, because you can bet there wil never be net transfers from other EU states to Germany as long as we are all alive. That is for sure.

When you consider that Germany remained a huge net contributer the whole while paying trillions of DM's and then euros for it's reunification, one cannot imagine any reason at all that we would ever have even a year or two as a net recipient.
23:43 December 17, 2012 by smart2012
Sonriete, u r not getting the point. Verkel says that tax payers will have to work harder, eg pension will move soon to 70 years old.

Btw, not going to reply to your BS on who pays more for Europe (France and Italy pay same as Germany), just to remind u that bankrupt nuerburing will be financed with eu money (so French and Italian will pay for it)..
00:22 December 18, 2012 by Berlin fuer alles
@Sonriete

Are you really that dumb? ' you can bet there wil never be net transfers from other EU states to Germany'. Paying for the Euro by the rest of the Eurozone is more than any net transfer going to any other state.
00:35 December 18, 2012 by Leo Strauss
"Europe will have to work "very hard" to maintain its generous welfare system and remain competitive" XD That`s double plus good.

That`s right Outer Party Peeples. It`s not going to be easy with that Goldman-Sachs vampire squid sucking the lifeblood out of every single one of us in order to pay off that imaginary electronic black hole of debt, but if we want that extra ration of ersatz chocolate at the end of the month, then we`ll have to step it up!

Long Live Eurasia! Long Live the Party! Long Live the Banksters!
01:02 December 18, 2012 by Berlin fuer alles
Keep moving the goal posts Angie and keep us all chasing our way out of debt slavery. Your Banking buddies will surely smile favourable on you. You have half of Europe on its knees already. Remind me again why do we really need the Euro currency and why we should all thank you and your 'Deutschland über alles' banking buddies for imposing it on us?
08:04 December 18, 2012 by Gemhund
Great stuff! How about letting the shops be open on a Sunday, dunderhead.
08:29 December 18, 2012 by theibmsstate
Yes Europe rich countries should work hard because they have to pay for GREECE and other east Europe countries.
08:33 December 18, 2012 by Berlin fuer alles
@theibmsstate

Muppet BILD reader. Please read my post at #9 and try thinking for yourself for a change.
10:48 December 18, 2012 by smart2012
berlin fur alles, when u come to munich give me a shout and lets meet up, i like your thinking :-)
13:10 December 19, 2012 by grinners
Conundrum

Working hard to stay rich.

Firstly, let's assume we're all rich (ok, ahhhhh. bugger it, let's go shopping) ok, so now we're there.

Secondly, that we need to work hard to stay there. (damn it, I can't go shopping, i have to do some more overtime, awwwww).
Today's headlines
Naked swimmer hospitalized after angler hooks his penis
File photo: DPA

When a man swimming naked in a Bavarian lake felt a strange pain in his nether regions, he looked up to see a fisherman on the shore. "Don’t pull!" he shouted.

Study finds rival Rhineland beers 'actually taste the same'
Left: Altbier. Right: Kölsch. Or can you even tell? Photos: DPA.

Cologne and Düsseldorf have a long established rivalry, not least over who has the better home brew. So the results of a new study might be more than they can swallow.

Eastern Europe pushes Germany for joint EU army
Angela Merkel (l), Beata Szydlo and Victor Orban. Photo: DPA

Eastern EU countries on Friday pushed for the bloc to create a joint army as they met with Germany for talks on sketching Europe's post-Brexit future.

Merkel’s party mate wants to get rid of all Karl Marx streets
Karl Marx and one of the roadways in Berlin named for him. Photos: Wikimedia Commons, Nicor

Hundreds of streets are named after the founder of communism, but this conservative politician wants to give Marx the boot.

State elections
6 reasons why Berlin is now known as 'the failed city'
Photo: DPA

With state elections around the corner, The Local looks at the poor side of Germany's "poor but sexy" capital city.

Upstarts RB Leipzig plan to go right to top of Bundesliga
RB Leipzig players celebrate scoring against Dynamo Dresden. Photo: DPA

RB Leipzig make their Bundesliga debut on Sunday, but the East German outfit, sponsored by energy drinks manufacturer Red Bull, are already far from popular in Germany's top-flight.

Poland criticizes Germany’s 'self-serving' foreign policy
Witold Waszczykowski. Photo: DPA

The Polish foreign minister has said that Germany all too often follows its own interests at the expense of its partners, as Chancellor Angela Merkel prepares to visit Warsaw.

Vast majority of Germans in favour of burqa ban: poll
Women wearing niqab veils in Saudi Arabia. Photo: DPA.

A survey found that the vast majority of respondents were in favour of Germany passing a ban on the full-body veil sometimes worn by Muslim women.

Czech police detain driver for harassing Merkel's motorcade
Angela Merkel. File photo: DPA

Czech police arrested a man on Thursday for attempting to drive into the motorcade of visiting German Chancellor Angela Merkel in Prague, they said.

Teacher convicted for holding kids back after class
Photo: DPA

A music teacher from North Rhine-Westphalia (NRW) has been found guilty of "holding people against their will" after he made some naughty stay kids back after class.

Sponsored Article
Why you should attend an international job fair
Gallery
Germany's 17 Olympic gold medals in pictures
Sponsored Article
Why expats choose international health insurance
Culture
7 American habits that make Germans very, very uncomfortable
Rhineland
Story of a fugitive cow who outwitted police for weeks before capture
Sponsored Article
Why you should attend an international job fair
Culture
Eleven famous Germans with surnames that'll make your sides split
Sponsored Article
Life in Jordan: 'Undiscovered treasure'
Lifestyle
The best ways to get a visa as an American in Germany
14 facts you never knew about the Brandenburg Gate
Society
Ten times Germans proved they really, really love beer
Sponsored Article
Why Jordan is the ‘Different’ East
Lifestyle
What's on in Germany: events for August 2016
Sponsored Article
Five things Americans should know about voting abroad
National
Six things you need to know when moving to Germany
Travel
These 10 little-known German towns are a must see
Sponsored Article
Jordan Pass: your ticket to the experience of a lifetime
International
German scientists prove birds can sleep while flying
Sponsored Article
Jordan: where history meets adventure
Technology
London v. Berlin: Which is better for startups?
Lifestyle
13 mortifying mistakes German learners always make
Sponsored Article
6 reasons expats use TransferWise to send money
Travel
Enter if you dare: Berlin's best abandoned haunts
Sponsored Article
Why you should attend an international job fair
Lifestyle
10 rookie errors all Brits make when they arrive in Germany
Sponsored Article
Five things Americans should know about voting abroad
National
How to get German citizenship (or just stay forever)
Sponsored Article
Jordan: where history meets adventure
Technology
Brexit will turn Berlin into 'Europe’s startup capital'
Sponsored Article
6 reasons expats use TransferWise to send money
Travel
Six soothing day trips to escape the bustle of Berlin
International
'Germany needs to make UK come to its senses'
Features
Six odd things Germans do in the summer
Features
How two gay dads cut through German red tape to start a family
8,614
jobs available
Toytown Germany
Germany's English-speaking crowd