German Treasury Secretary reiterated to return to "debt brakes"

According to Germany's report on the 24th, German Finance Minister Christian Lindner said he would adhere to the "debt brakes" to avoid further increase in German debt.

On November 24, 2021, in Berlin, the capital of Germany, the German Liberal Democratic Party Chairman Christian Lindner attended the press conference on the introduction of the group pavilion agreement. Xinhua News Agency (Photo by Stefan Caizi)

After the new crown epidemic outbreak, Germany launched a package of economic bailout plans in 2020 to suspend the "debt brakes" clause in the Constitution. The Minister of Labor and Social Security, Herbeitus Haier, previously said that he has prepared for re -following the "debt brakes" clause in 2023.

According to the German constitution, German fiscal deficit cannot exceed 0.35%of the GDP, unless special economic situation occurs. In the statement, Lindona mentioned the outside world speculation that in view of the current situation, Germany may continue to suspend the implementation of the "debt brakes" clause on the grounds of "very urgent situations".

On April 27, consumers purchased goods in a supermarket in Berlin, Germany. Xinhua News Agency reporter Ren Pengfei

The US "Political News" analyzed that high energy prices, and the German government continued to launch bailout measures, which means that Lindner promised to return to the "debt brakes" to face variables.

Affected by factors such as the new crown epidemic and the upgrade of the Ukraine crisis, the inflation rate in Germany rose to 7.9%in May, a new high after the reunification of the two in 1990 for the third consecutive month. Level.

Source: Xinhua News Agency

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