German, French Ministers Show Scant Enthusiasm for Joint EU Debt
- Lindner says EU doesn’t need new tools as demand holding up
- Le Maire says not had time to assess proposals in detail
This article is for subscribers only.
German and French finance ministers showed little enthusiasm for the prospect of new joint European Union debt instruments to provide financial support to countries struggling with the energy crisis.
Fresh fiscal impulse is inappropriate given there is no problem of demand, labor markets are stable and inflation is strong, Germany’s Christian Lindner told a virtual news conference on Wednesday.