2014-08-31bloomberg.com

``"I don't think ECB monetary policy has the instruments to fight deflation, to be quite frank," Schaeuble said. Domestic demand is driving German growth "because we have high confidence of consumers, investors." "And the main reason why we have such a high confidence is they think our public budgets are sustainable, we will stick to what we have promised and we stick with investment," he said.''



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