German Finance Minister, the main economy of Europe, Olaf Scholz stated the lack of conditions for its opening and resumption of all enterprises. His words gives CNBC.
“Now not the time to completely open, now the time to act very hard and restrain the increase in the number of infections,” said Scholz. According to him, Germany still will have a chance to fully cope with coronavirus and its consequences and provide its own economy stable growth.
Thus, the German authorities once again changed their opinions and changed his mind to make adjustments to the pandemic containment strategy. Earlier, the head of the federal land North Rhine – Westphalia Armin Pashet offered to managers from various regions to show flexibility and adjust the introduced restrictions depending on the situation in each specific federal land. Later he made the introduction of nationwide locked.
Chancellor Angela Merkel also changed its position several times regarding the need to introduce severe measures. In March, she announced strict restrictions on the time of Easter holidays, but then, after objections from the side of the business, canceled them.
also Scholz stated that in the near future should not be expected to reduce taxes on excessive citizens and corporate profits. Moreover, they can be enhanced, which is due to the need to replenish the budget. The federal authorities have already abandoned strictly complying with the policy of “black scratch”, which has been operating since 2009. According to her, the new borrowing by the budget was very limited.