(ANSA) - BERLIN, SEPTEMBER 10 - Finance Minister Olaf Scholz
presented in Parliament his proposal for next year's state
budget, specifying that Germany can make investments without new
debts, Deutschlandfunk reported.
"In my opinion, the essential thing is that today, thanks to
our solid financial foundations, we can counter an economic
crisis if it should occur in Europe and Germany with several
billion euros," Scholz said in his speech at the Bundestag. "We
are not yet facing such a serious crisis," he continued Scholz.
"It is true that in Germany the economic situation has become
stagnant because German exports have suffered from the
commercial tension between the US and China and the uncertainty
over the Brexit," the finance minister added.
Scholz planned expenditure of 360 billion euros, of which 148
billion will fund employment and social services. Only 100bn
will end up in pension funds. (ANSA).
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