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Germany Is Getting Poorer Due to Lack of Growth: FM Lindner
Posted
February 6, 2024
Views
1,954
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February 6, 2024
1,954
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0:27Now PlayingGerman Finance Minister Christian Lindner said that his country is getting poorer because of its failure to generate economic growth. Speaking at a Bloomberg event in Frankfurt on Monday, the leader of the market-friendly Free Democrats acknowledged that it’s hard to avoid the implications of an extended period of little or no expansion.
“We are no longer competitive,” he said. “We are getting poorer because we have no growth. We are falling behind.”
Lindner’s remarks highlight the predicament faced by Europe’s biggest economy as it enters a second post-pandemic year when expansion is anticipated to turn out feeble at best.
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