Percorso:ANSA > Nuova Europa > Politics > Scholz pledges more help for Germans to fight inflation

Scholz pledges more help for Germans to fight inflation

German Chancellor planned to reinstate debt brake in 2023

11 August, 14:18
(ANSA-AFP) - BERLIN, 11 AGO - German Chancellor Olaf Scholz on Thursday promised further measures to shield Germans from soaring inflation but also vowed not to stray from Germany's famed fiscal discipline. "We will do everything we can to help citizens get through these difficult times," especially those "who have very little", Scholz told a press conference in Berlin. The government earlier this year unveiled a 30-billion-euro package to help consumers beat inflation, including a fuel tax cut and a cheap public transport ticket for June, July and August.

Scholz also said he planned to stick by plans to reinstate Germany's so-called debt brake in 2023 after it was suspended for three years to cope with the impact of the coronavirus pandemic. "We assume that we will be able to manage our vision within the financial framework that has been available to us so far," Scholz said. Germany's debt brake is a rule enshrined in the constitution that limits the country's public deficit to 0.35 percent of GDP. (ANSA-AFP).

© Copyright ANSA - All rights reserved