Monday, January 30, 2023

German finance minister: preventing inflation high precedence

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BERLIN, Nov 23 (Reuters) – Preventing inflation in Europe’s greatest financial system is the highest precedence for the German authorities, Finance Minister Christian Lindner stated on Wednesday, including it posed the best risk to the financial system.

“Tackling inflation is the primary precedence of economic coverage,” stated Lindner, including he anticipated a normalisation in inflation in direction of 2024 and the federal government was doing all it may to assist that, for instance by diversifying the power sector.

Reporting by Madeline Chambers, enhancing by Rachel Extra

Our Requirements: The Thomson Reuters Belief Ideas.

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