UPDATE 1-U.S. warns Europe against relying too much on exports

April 9, 2015 9:19 PM

52 0

WASHINGTON, April 9 (Reuters) - The United States warned Europe on Thursday against relying too much on exports for growth and urged officials to make more use of fiscal policy, saying stronger demand in Germany was essential.

In its semiannual report to Congress, the U.S. Treasury Department appeared to give a preview of the positions it will press on foreign policymakers during next week's International Monetary Fund meetings in Washington.

Also read: Prosecutors Call for Tools to Crack Islamic State Encryption

Read more

To category page