Germany can afford costly inflation aid

By Agence France-Presse

Aug 20, 2022 12:08 am

BERLIN: Germany can afford another relief package worth billions of euros to fight inflation without compromising the so-called debt brake, Finance Minister Christian Lindner said on Friday.

Chancellor Olaf Scholz had last week promised more measures to help offset soaring food and energy costs without busting the debt brake, which limits the country's public deficit to 0.35 percent of gross domestic product.

STABLE FINANCES This file photo shows a pedestrian wearing face mask walking past a German national flag in Berlin, Germany on March 3, 2021. Germany can afford another relief package worth billions of euros to fight inflation without compromising the so-called debt brake, Finance Minister Christian Lindner said on Friday, Aug. 19, 2022. XINHUA PHOTO

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