Europe continues to be mired in economic crisis. The International Monetary Fund has issued fresh, insistent warnings about feeble investments and another downturn.
The IMF is calling on European governments to do significantly more to strengthen private and public investments and to finally kick-start the European economy.
But it is above all Germany that continues to refuse a fundamental reconsideration of its economic policy. And it would be a grievous error if the German government withdraws support for the Juncker plan for European investments, as several members are hinting.