FinMin Lindner says Germany seeking way out of ‘crisis mode’

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Finance Minister Christian Lindner expressed on Wednesday Germany’s interest in helping Ukraine financially, together with its G7 partners, but stressed that Berlin needed to rein in spending once again by next year.

“We must find an exit from crisis mode,” Lindner told reporters, reiterating his goal to bring back Germany’s debt brake in 2023.

The Group of Seven leading economies were discussing Ukraine’s liquidity needs, he said.

“Irrespective of the financing of Ukraine … the German government continues to reject joint borrowing in the EU or even in the monetary union,” Lindner added.

SOURCE: REUTERS

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