Germany has fiscal means to counter coronavirus in case of economic crisis: sources

BERLIN (Reuters) – Finance Minister Olaf Scholz told lawmakers on Wednesday that Germany would have “all the strength” to counter the impact of the coronavirus if the epidemic plunged the world economy into a crisis, two participants told Reuters.

The federal government’s fiscal measures would be “timely, targeted, temporary” in the case of an economic crisis, Scholz said in a closed-door meeting of parliament’s finance committee, participants said.

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.

Category Latest Posts

You May Also Read