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German upswing at an end 'for now', but no need to splurge - advisers

The skyline with its banking towers is photographed on a sunny autumn afternoon in Frankfurt
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BERLIN (Reuters) - There is no need for a full-blown growth-boosting spending programme to deal with the German economy's downswing, the panel of economists advising the government said on Wednesday, adding that automatic stabilisers should be left to do their work.In their report to the finance ministry, the five academic advisers said Germany's constitutional debt brake, often criticised for..
Date Published: Nov 06, 2019
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