The finance minister’s acknowledgment of Germany’s weak economic growth

According to the report of the international group Tasnim news agency quoting “Suddeutsche Zeitung” newspaper, Christian Lindner, the leader of the Liberal Democratic Party and Minister of Finance of Germany, pledged that his party and the country would achieve an “economic turnaround”.

He pointed to the war of Vladimir Putin, the President of Russia Ukraine, said: We need an economic turnaround because economic power is also an important factor in geopolitics.

He added: Putin’s goal is to exercise power over us and he It should never succeed.” But economic growth is necessary to have the tools to combat it. The same goes for social cohesion.

This official “If you want to improve yourself in a stagnant society, you have to take something from someone else,” German said. “Economic transformation is the best legitimate way to promote democracy that you can have style=”text-a..”>In another part of his speech, he assured Ukraine for more help from Germany in defending Russia. Lindner said: We support Ukraine because it is our first line of defense against Putin /p>

He claimed: The Russian president attacked Ukraine – “But he is targeting all of us and our way of life.” Linder said: What is necessary is to improve our ability to defend ourselves It is from the country and the alliance. The 100 billion Bundeswehr special fund will run out in a few years, then the armed forces will have to be trained using regular resources. This will not be achieved with new debts.

Germany’s economic situation is not good, this country has faced many problems to adjust the future budget.

German inflation increases in April

Inflation in Germany is expected to rise for the first time in April this year due to the increase in energy prices. Economists at a dozen banks polled by Reuters forecast that consumer prices would be 2.3 percent higher on average than a year earlier.

In March, The inflation rate had fallen to 2.2 percent, the lowest level in almost three years. This rate was 2.5% in February and 2.9% in January. Germany’s Federal Statistics Office also wants to publish the preliminary estimate for next month on Monday.

“Sebastian Becker”, the economist of Deutsche Bank, said about this: the expected increase in inflation. Mainly due to rising energy prices. One reason for this is the gas and district heating value-added tax, which rose again to 19% on April 1 – it was temporarily reduced to seven% during the energy crisis as a result of Russia’s war against Ukraine. A return to the old tax rate results in a special effect. Helaba analysts calculated: “These conditions correspond to a price increase of about eleven percent.

As ​​a result of the increase in oil prices, fuel has also become significantly more expensive in Germany. . Due to the tensions in the Middle East, oil has become significantly more expensive in the world markets in recent weeks. Brent North Sea oil currently costs less than $90 per barrel, while at the beginning of the year it was around $76.

The German federal government expects The average inflation rate for the whole of this year is about 2.4 percent. It is expected to decrease to 1.8% next year. In 2023, this figure was still 5.9 percent. The purchasing power of citizens is increasing, said Robert Haubeck, the Federal Minister of Economy of Germany, when presenting the spring forecasts. People have more money in their wallets again.

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