Scholz Promises Germans More Aid to Cushion Inflation Blow
- Policies to be discussed with unions, employers in September
- Chancellor warns companies about excessive price increases
Olaf Scholz
Photographer: Valeria Mongelli/BloombergThis article is for subscribers only.
Chancellor Olaf Scholz vowed to provide Germans with more financial support to ease the burden from the rising cost of living.
Scholz’s administration has passed two packages to cushion the impact of higher prices, and more measures will need to follow, he told lawmakers on Wednesday.