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Germany’s Finance Minister to ECB: we’re doing our bit to fight inflation

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Reuters UK

BERLIN (Reuters) – The European Central Bank must not worry about Germany’s budget when making policy to fight inflation in the euro zone, German Finance Minister Christian Lindner said on Friday, presenting plans to return to national debt brake rules in 2023. Lindner said the 2023 draft budget, marked by consolidation efforts, meant the ECB would not have to worry about “fiscal dominance” – when ECB independence risks being compromised by the high cost of servicing governments’ sovereign debt. “We want to send a clear signal with this budget: we are doing our homework,” Lindner told reporter…

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