After Rising Interest Rates: Ifo CEO Fuest Calls on Government to Act
4 Articles
4 Articles
The president of the ifo-Institut, Clemens Fuest, sees a warning signal in the rising yields of German government bonds. Compared to the news agency Reuters explained ... The post Wegen Merz: Debt excess: ifo-Chef warns against default risk of government bonds appeared first on Apollo News.
Germany does not have to pay as much for its government bonds as it has been for 15 years. Ifo CEO Fuest demands a strict austerity policy, Klingbeil consultant Südekum rejects this. Meanwhile, a reform of the debt brake is far away.
Interest costs for Germany are rising, which is why inflation concerns are also growing. Ifo President Fuest expects the government to develop a strategy to reduce spending.
Clemens Fuest warns against the higher bond yields. The federal government must reduce government spending and strengthen growth.
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