German Finance Minister says it ‘can afford a lot, but not everything’: FT By Reuters

0
55
© Reuters. German Minister of Finance Olaf Scholz visits China


© Reuters. German Minister of Finance Olaf Scholz visits China

BERLIN (Reuters) – German Finance Minister Olaf Scholz acknowledged that a slower growth of Europe’s largest economy would lead to lower tax receipts and increased pressure on the budget, the Financial Times reported on Friday.

“We can afford a lot, but not everything, and not at the same time,” Scholz was quoted as saying.

The German economy was still continuing to move forward, and employment was at a “truly remarkable” high, the center-left minister said.

“A lot of companies are very confident about their future prospects.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here