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France's Sapin says against individual national investment goals
February 9, 2015 / 1:21 PM / 3 years ago

France's Sapin says against individual national investment goals

ISTANBUL (Reuters) - France supports the idea of a global investment target to boost economic growth but is against setting specific goals for individual nations, French Finance Minister Michel Sapin said on the sidelines of a G20 meeting on Monday.

French Finance Minister Michel Sapin makes a point during an interview with Reuters at their offices in Paris February 2, 2015. REUTERS/Philippe Wojazer

“I understand the doubts because what numbers would be good, what objectives would be good? What would happen country by country? It would be quite complicated and a bit theoretical,” he told reporters in Istanbul.

“So I am pushing for a global objective. Europe can set its own target and deliver on it, but I don’t support precise objectives for everyone else.”

Reporting by Jan Strupczewski; Writing by Nick Tattersall

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