Germany’s Scholz: We can manage tasks we have to fulfill without taking new debt

No clear cut indications that Germany is about to move their fiscal stance

The comments above by German finance minister, Olaf Scholz, continues to show that Germany aren’t about to pull the spending trigger just yet.

A recent report suggested that climate change may provide them with the platform to do just that but it looks like we still have to wait and see how things will unfold.

Articles You May Like

Atlanta GDPNow tracker for 3Q growth remains unchanged at 2.2%
JP Morgan on the BOJ and below target JGB yields – something’s gotta give
Key events and releases for next week’s trading
UK finance minister Javid: Want to see lower taxes, that would pay for public services
FX option expiries for Tuesday August 20 at the 10am NY cut

Leave a Reply

Your email address will not be published. Required fields are marked *