Wed Aug 10 2022
Nikki Bailey (1250 articles)

German economic situation is deteriorating

German economic situation is deteriorating

The economic situation in Germany, Europe’s largest economy, is deteriorating and the outlook is fragile, Finance Minister Christian Lindner said on Wednesday, defending his plans to raise income tax thresholds in response to soaring inflation.

“The economic perspective of our country has become fragile,” Lindner told reporters in Berlin. “The economy is deteriorating”.

Nikki Bailey

Nikki Bailey

Nikki Bailey reports on US Stocks. She covers also economy and related aspects. She has been tracking US Stock markets for several years now. She is based in New York