Schaeuble focuses on fiscal policy

Monday, 29/08/2016 | 07:32 GMT

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Schaeuble Wolfgang, Germany's Finance Minister, stated yesterday that it is important for its nation to remain focused on its fiscal policy with regards to no new debt.

Schaeuble emphasizes on public debt

Germany aims to follow its plan for a balanced budget on a four years period basis, as well as to minimize its total public debt to 60%, and lower, of GDP in 2020.

In the scenario where the above condition is achieved this would mean that the German nation has accomplished the EU criterion on Stability and Growth Pact.

Moreover, will Germany manage to overcome, both short-term and long-term, the probable upcoming financial barriers before reaching the expected targets of stability and growth?

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/schaeuble-focuses-on-fiscal-policy

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