Davos

German Budget Surplus Allows Big Investments, Scholz Says

WATCH: Scholz discusses the economy, the European Central Bank and fiscal policy.Source: Bloomberg

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By Chad Thomas and Arne Delfs

January 24, 2020 at 9:50 AM UTC

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Germany’s record budget surplus will continue to allow high investment levels, Finance Minister Olaf Scholz said on the sidelines of the World Economic Forum in Davos, Switzerland.