Angela Merkel Quotes About Competitiveness
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Eurobonds are absolutely wrong. In order to bring about common interest rates, you need similar competitiveness levels, similar budget situations. You don't get them by collectivizing debts.
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Personally, I think that for example the chemical directive in its present form does too much damage to the chemical industry - especially the medium sized businesses - and will hurt our worldwide competitiveness.
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So Europe needs to be competitive and we also need to be competitive if we wish to remain an interesting economic partner for the United States. This has to be done on the basis of strength, of competitiveness.
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I said, yet again, for Germany, Europe is not only indispensable, it is part and parcel of our identity. We've always said German unity, European unity and integration, that's two parts of one and the same coin. But we want, obviously, to boost our competitiveness.
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