German finance minister expects higher debt burden but no tax rises

FILE PHOTO: German Finance Minister Lindner holds a news conference in Bonn

BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to climb to around 70% after the energy crisis but said the government would not raise taxes.

“Germany is already a maximum tax country,” he said at a tax forum.

(Reporting by Christian Kraemer; writing by Matthias Williams; editing by Paul Carrel)


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