Economics
Germany Targets Pandemic Recovery Without Massive Stimulus Push
- ‘Classical’ spending package isn’t appropriate, minister says
- Battle over stimulus expected ahead of September elections
This article is for subscribers only.
Germany can recover from the coronavirus crisis without resorting to another broad stimulus program like in 2020, according to Economy Minister Peter Altmaier.
Even with Chancellor Angela Merkel’s government under pressure to extend and tighten lockdown measures, a broad spending package won’t be needed, Altmaier said Thursday.