Merkel says she will serve full four-year term if re-elected

Cheryl Sanders
July 18, 2017

The former European Union president said: "In addition to the debt ceiling, we need a minimum spend for investments that preserves the fabric of our country". A full fourth term would extend her chancellorship to 16 years through 2021.

Many people in the past had taken the European Union and its advantages for granted - such as freedom of speech, freedom of religion and freedom to travel, said Merkel who grew up in communist East Germany.

On domestic matters Merkel defended her decision to host the recent G20 summit in Hamburg, known for being a hotbed of left-wing extremism.

"It's important to me that the citizens have a true choice", Merkel said. Riots broke out in the city, with scores of police officers injured and widespread political fallout.

Merkel said her government, a coalition between her Christian Democratic-led bloc and the SPD, has already increased spending "massively" on broadband expansion, roads and pre-schools.

Merkel has said she is open to proposals of strengthening the single currency through the creation of a euro zone finance minister who would oversee a pooled budget for investments and transfers meant to help member states cushion downturns. "We still have a lot to do in this regard", she added. While the French leader lauded Germany for undertaking labor-market reforms in a newspaper interview earlier the same day, he signaled Germany's competitive strength also derived from imbalances in the euro area that had helped weaken other member states.

Mr Schulz said he would push Germany into a period of increased investments and renewed eurozone integration.

Right now it looks as if Merkel will remain chancellor after the election, but Martin Schulz should look to Britain if he wants to take the top spot.

On leadership, Merkel said she planned to lead the country for at least the next four years.

Cash-rich Germany is also facing pressure from its trading partners to spend more to cut its massive trade surplus, and the issue is feeding into the looming ballot race.

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