’Eurozone must keep improving its competitiveness to kickstart growth’

The eurozone has to keep improving competitiveness if it wants to kickstart economic growth, according to the German EU Commissioner Günther Oettinger.

“The ambition has to be competitiveness in global markets. Take Ireland or Greece or Italy — they are coming back because of the reforms they have made over the past few years to improve competitiveness.”

Mr Oettinger was speaking to the Irish Examiner at an event organised in Stuttgart by the German Irish Chamber of Commerce.