Germany’s economy is not in crisis, finance minister assures
Olaf Scholz made the remarks after Germany averted a technical recession in the third quarter
14 November 2019 - 16:57
Berlin — Germany’s economy is growing slowly, but isn’t in a crisis and does not need a boost from additional spending, finance minister Olaf Scholz said after the country averted a technical recession in the third quarter.
“It is good to know that we have the strength to do something if it’s necessary. But it’s also good to know that we don’t have a crisis,” Scholz said at a Bloomberg News event in Berlin, adding the Europe’s largest economy showed resilience amid global trade tensions...
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