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Germany aiming to cushion recession without fuelling inflation -Habeck

Published 10/17/2022, 05:25 AM
Updated 10/17/2022, 05:31 AM
© Reuters. FILE PHOTO: Robert Habeck speaks at the Federal Convention of Germany’s Greens party in Bonn, Germany, October 14. 2022. REUTERS/Benjamin Westhoff

PRAGUE (Reuters) - The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck said on Monday.

© Reuters. FILE PHOTO: Robert Habeck speaks at the Federal Convention of Germany’s Greens party in Bonn, Germany, October 14. 2022. REUTERS/Benjamin Westhoff

"We have a chance with the right stimulation to manage both: to cushion the recession, maybe not even to let it get too deep and too long, and at the same time not to fuel inflation," he told the German-Czech Economic Forum in Prague.

"That is the combination we are undertaking with the various investment packages in Germany."

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