Germany may spend an extra 50 billion euros in crisis

iflix
Germany may spend an extra 50 billion euros in crisis

Germany may spend an extra 50 billion euros in crisis

  • TV-G
  • 2019
  • 2mins
Germany could spend an extra 50-billion euros in an economic crisis. That’s according to the Finance Minister Olaf Schultz who has put a number on the possible fiscal stimulus for the first time. Germany’s output fell 0.1% in the second-quarter. Fears of a looming recession are pushing Berlin now to consider suspending its balanced budget policy. Bloomberg’s Birgit Jennen reports on “Bloomberg Markets: European Open.”