German Fiscal Policy to Stave Off Stagflation: Lindner

German Fiscal Policy to Stave Off Stagflation: Lindner
German Finance Minister Christian Lindner speaks during a budget session, in the plenary hall of the lower house of the German parliament, the Bundestag, in Berlin, Germany March 22, 2022. REUTERS/Michele Tantussi
Reuters
Updated:

BERLIN—The German government will tailor its public spending plans to avoid stagflation in Europe’s biggest economy and keep at bay the risk of sliding into a cycle of rising prices and anemic growth, Finance Minister Christian Lindner said on Tuesday.

“The goal of the federal government is to support growth in Germany and mitigate the impact of inflationary risks,” Lindner said in a speech at the Bundestag lower house.