Germany aiming to cushion recession without fuelling inflation -Habeck

by Reuters

PRAGUE (Reuters) – The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck said on Monday.

“We have a chance with the right stimulation to manage both: to cushion the recession, maybe not even to let it get too deep and too long, and at the same time not to fuel inflation,” he told the German-Czech Economic Forum in Prague.

“That is the combination we are undertaking with the various investment packages in Germany.”

(Reporting by Robert Muller and Paul Carrel; Editing by Miranda Murray)

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