Economic Indicators
Germany aiming to cushion recession without fuelling inflation -Habeck
2022.10.17 05:50
© Reuters. FILE PHOTO: Robert Habeck speaks at the Federal Convention of Germany’s Greens party in Bonn, Germany, October 14. 2022. REUTERS/Benjamin Westhoff
PRAGUE (Reuters) – The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck said on Monday.
“We have a chance with the right stimulation to manage both: to cushion the recession, maybe not even to let it get too deep and too long, and at the same time not to fuel inflation,” he told the German-Czech Economic Forum in Prague.
“That is the combination we are undertaking with the various investment packages in Germany.”
