FILE: Director-General for Economic Affairs and Sustainable Development Miguel BergerCAIRO – 22 December 2018: Germany’s Federal Ministry for Economic Affairs and Energy affirmed Saturday that relations between Egypt and Germany are “very good,” commending Egypt for managing to overcome its financial crisis. Director-General for Economic Affairs and Sustainable Development at the ministry, Miguel Berger, said that the incumbent government managed to stabilize the state’s economy. “Clearly, Egypt achieved serious progress; it formed a Parliament and passed a new investment law, all in favor of the Egyptian-German economic relations,” Berger added in press remarks. Berger also added that Egypt managed to make a leap in the electricity and power fields with the assistance of Siemens, pointing out that such steps boost the “successful” economic partnership between the two countries. “In my point of view, a great country such as Egypt has skillful manpower and good minds that increases its promising chances to claim leadership.”

Source: Egypt Today December 22, 2018 12:33 UTC