• Germany's news in English
 

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].

"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
The photojournalist making news intimate
World Press Photo winner Mads Nissen. Photo: DPA

The photojournalist making news intimate

1 hour ago

Photographer Mads Nissen’s World Press Photo of the Year is currently touring Germany and the world. It’s a provocative image of two Russian gay men and one that some say is changing the definition of photojournalism.

Six athletics world champs head to Berlin
ISTAF is held annually in Berlin. File Photo: DPA

Six athletics world champs head to Berlin

1 hour ago

six world champions, freshly crowned from Beijing, will be gracing Berlin's Olympic Stadium on Sunday in the annual ISTAF track-and-field meet.

A week after heatwave, snow falls in Bavaria
Zugspitze, Germany's highest mountain. File Photo: DPA

A week after heatwave, snow falls in Bavaria

1 hour ago

From 30C to snow in under a week? It's possible in Germany where seven centimetres of the white stuff fell at the top of the Bavarian Alps on Friday.

Oktoberfest and the Refugee Crisis
Munich plans to keep revellers, refugees apart
Police and refugees at Munich Central Station. Photo: DPA

Munich plans to keep revellers, refugees apart

1 hour ago

Police in Munich are preparing a significant operation to ensure that drunken revelers at Oktoberfest are kept away from refugees arriving at the city's central station from Budapest.

Criminal had time for pit stop in 20-cop-car chase
Photo: DPA

Criminal had time for pit stop in 20-cop-car chase

5 hours ago

With 21 police cars and a helicopter hot on his heels, it seemed unlikely that police in Düsseldorf would fail to catch one rogue motorist. But after a two-hour pursuit, that's exactly what happened in the early hours of Friday.

What's keeping Germans awake at night in 2015?
The Greek debt crisis has been haunting German dreams. Source: Wikipedia

What's keeping Germans awake at night in 2015?

23 hours ago

Having to cough up for the excesses of spendthrift southern Europeans is the fear most likely to haunt German nightmares in 2015. But getting caught up in a natural disaster isn't far behind, an annual survey shows.

This Week in History
The death of a great humanitarian
Schweitzer spent most of his later years at Lambaréné. Photo: DPA

The death of a great humanitarian

1 day ago

On September 4th 1965, the world lost one of its most dedicated and tireless humanitarians, as Albert Schweitzer died in the African hospital he had created and cherished for over 50 years. A hospital that continues to save lives today.

Refugee crisis
Pro-refugee group push punk classic to no. 1
Die Ärzte singer and drummer Bela B. with a DVD titled "not interested in Nazis" in 2009. Photo: DPA

Pro-refugee group push punk classic to no. 1

6 hours ago

Under the banner of "Arsehole Action", activists campaigning against xenophobia and hatred of refugees have pushed a 1993 hit by punk band Die Ärzte mocking the far right to the top of Germany's charts.

Refugee Crisis
Orban: Muslims threaten European identity
Viktor Orban, guardian of Europe? Photo: DPA

Orban: Muslims threaten European identity

8 hours ago

Hungarian Prime Minister Viktor Orban warned Thursday that the wave of mostly Muslim refugees coming to Europe threatens to undermine the continent's Christian roots - an idea rejected by German Chancellor Angela Merkel.

Football fan given 18 months for lighting flare
Football fans set of a flare. File Photo: DPA

Football fan given 18 months for lighting flare

8 hours ago

Germany is continuing its zero tolerance approach to football supporters lighting flares in Bundesliga grounds after a Schalke supporter was jailed for 18 months on Thursday with no parole.

RECEIVE OUR NEWSLETTER AND ALERTS

Features
'Berlin is kind of like the best American city'
Features
How Brits in Germany are facing Brexit fears
Sport
German named 'arse bombing' world champ
Travel
Retiree finds parked car after three-week search
National
Ten ways Germany puts Britain to shame
Business & Money
German gadget clamps down on Nutella thieves
Society
Is Germany now a nation of couch potatoes?
National
Half of Germans 'have had sex in their car'
Society
Deadly stew spooks home vegetable gardeners
Politics
The man who brought two Germanies together
Features
Where to get your culture fix in Cologne
Education
Fairytale world of Brothers Grimm brought to life
Rhineland
Thieves leave 1,000 open beers untasted
National
Way to some Germans' hearts is through their wallets
National
Germany's biggest challenge: European refugee crisis
Travel
Where to get your adrenaline pumping in Germany
Technology
Could thieves hack into luxury cars?
What to watch out for when snapping your lunch
National
German lefties through history
National
The fight over prostitution heats up
National
Merkel: migrants, not Greece, are the real challenge
Features
How I explained the Queen to the Germans
Education
Why Germany does 'back-to-school' traditions better
National
Germans are ‘not how foreigners think’
National
A mum and daughter reunite 70 years after WWII
Sport
Bra stops bullet in hunting mishap miracle
National
Cows trample German woman to death in Graubünden Alps
Business & Money
Start-up helps new Berliners short cut bureaucracy
National
The 1,000s of Germans massacred after the Second World War
Sport
Germany star scores own goal with PR gaffe
Features
'Women-only' parking: sensible or sexist?
Politics
Satire and reality blur in parody party's strife
National
13-year-old boy detained for trying to join Isis
Culture
Berlin restaurant serves up Greek Crisis Menu
Rhineland
Doctor on trial after woman wakes in morgue
Society
Six odd things Germans do in the summer
Society
Police bust kinky Bavarian couple over painful love-making
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

6,888
jobs available
Toytown Germany
Germany's English-speaking crowd