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Search resuls for: "Christian Kraemer Maria Martinez"


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☆ Expansionary fiscal policy must end, says German finance minister
  + stars: | 2023-02-21 | by ( Christian Kraemer Maria Martinez | Christian Kraemer | Maria Martinez | ) www.reuters.com   time to read: +1 min
BERLIN, Feb 21 (Reuters) - Germany must end its expansionary fiscal policy or risk fuelling inflation, German Finance Minister Christian Lindner told Reuters in an interview. "Rising interest rates are already a signal for the government to see that it can't continue like this," Lindner said. Lindner said Germany was monitoring inflation developments closely and had already introduced a raft of measures to curb inflation. Lindner said that IMF warnings had to be taken seriously. "I am sure that the European Central Bank is also following the situation closely," he said.
☆ Budget demands of German coalition partners unrealistic, says finance minister
  + stars: | 2023-02-20 | by ( Christian Kraemer Maria Martinez | Christian Kraemer | Maria Martinez | ) www.reuters.com   time to read: +2 min
BERLIN, Feb 20 (Reuters) - German Finance Minister Christian Lindner considers the budget demands made by his government coalition partners to be excessive and "simply unrealistic", he told Reuters in a TV interview on Monday. Lindner said the requested additional spending amounted to about 70 billion euros ($70.78 billion) compared with earlier plans. According to the finance minister, the demands head into the range of 100 billion euros more per year for the years 2025 and onward. The new Defence Minister Boris Pistorius wants 10 additional billion euros for the defence budget next year, according to people with knowledge of the matter. "However, what is clear is that 10 billion euros more in 2024 than now is an unrealistic figure," he said.
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