Germany’s Scholz says goal to reduce inflation with 2023 debt brake
By Syndicated ContentJun 1, 2022 | 4:22 AM
BERLIN (Reuters) – Germany must refrain from funding long-term subsidies with further credit in order to return to its constitutionally enshrined debt brake next year, Chancellor Olaf Scholz said on Wednesday.
“The goal must be to reduce inflationary pressures sustainably,” he told the Bundestag legislature as lawmakers convened to discuss the nation’s budget.
(Writing by Rachel More, Editing by Miranda Murray)
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