German economy to slow without green transition – vice chancellor ...News

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German economy to slow without green transition – vice chancellor
source : Russia Today ( News ) () 39
The uncertainty over fund allocations has aggravated Berlin's budget crisis, with the potential to harm GDP Germany will face an economic downturn if the government fails to replenish funds designated for financing green initiatives, Vice Chancellor and Economy Minister Robert Habeck stated on Monday. The warning comes as Germany's ruling coalition unveiled a supplementary budget this week that will temporarily lift a self-imposed cap on borrowing after a constitutional court ruling undermined the government's spending plans. In a joint press conference on Monday with energy ministers of all 16 states, Habeck said

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