German Finance Minister Olaf Scholz, reaffirmed his opposition to Berlin taking ...
FILE PHOTO: German Finance Minister Olaf Scholz attends a Reuters interview in Berlin, Germany, April 10, 2019. REUTERS/Hannibal Hanschke
BERLIN - German Finance Minister Olaf Scholz, reaffirmed his opposition to Berlin taking on new debts, despite signs that the economy was slowing, telling German public television that “slower growth is still growth”. In an interview with ZDF’s Heute Journal, due to be aired on Tuesday, Scholz also said that Germany’s tax revenues were also set to rise further, even if more slowly than many had expected.
“The labor market is at record highs, and it is forecast to grow further,” he said, according to extracts published by ZDF, meaning it was not the time “to abandon our insistence on creating no new debts.” Widespread signs of a downturn this year have prompted many analysts to call an end to the decade-long boom in Europe’s economic powerhouse and fueled calls for Berlin to abandon its fiscal caution in favor of a stimulus program.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Germany's Scholz says still confident UK parliament will OK Brexit deal: CNBCGerman Finance Minister Olaf Scholz told CNBC he was 'still confident'...
Weiterlesen »
Germany's Scholz: Must avoid escalation in EU-U.S. trade disputeGerman Finance Minister Olaf Scholz has said financial leaders must use talks in...
Weiterlesen »
Tech giants pay tax 'nowhere' and the world needs to find a solution: German finance ministerGerman Finance Minister Olaf Scholz says his biggest concern with tech firms is that 'they tend to pay taxes nowhere.'
Weiterlesen »
Brexit: German minister says all options for Britain on the tableGermany's EU Affairs Minister Michael Roth said on Thursday all options are...
Weiterlesen »
The Latest: German trade group welcomes extensionLONDON (AP) — The Latest on Britain's departure from the European Union (all times local): 10 a.m. A German trade association is welcoming the extension to Britain's Brexit deadline...
Weiterlesen »
As end looms for coal, German mining region shifts rightA German far-right party is using a simple message to attract voters in a mining...
Weiterlesen »
Macron tests German patience in split over Brexit delayThe 'De Gaulle moment' that many had speculated about before Wednesday...
Weiterlesen »
Macron tests German patience in split over Brexit delayThe 'De Gaulle moment' that many had speculated about before Wednesday...
Weiterlesen »
German prosecutors press charges against former VW CEO WinterkornVW has had to recall hundreds of thousands of cars around the world over the diesel emissions cheating scandal.
Weiterlesen »