Germany needs reform and investment to overcome recession, says IMF Europe head

Germany needs both structural reforms and more investment in public infrastructure to overcome recession, the European head of the International Monetary Fund said in an interview with Sueddeutsche Zeitung. “Without a functioning infrastructure, there can be no productive economy,” Alred Kammer told the paper in an interview published on Tuesday. In order to mobilize more money, it would also make sense to revise the current credit rules, Kammer said.Read More