Germany’s Scholz confident that budget crisis can be overcome

From brecorder.com

German Chancellor Olaf Scholz said on Saturday he was confident that tough talks with coalition partners to fix the country’s 2024 budget following a landmark court ruling would eventually result in a deal. Speaking at the Social Democrats (SPD) party conference, Scholz made clear, however, that there would be no cuts to the welfare state, an area where Finance Minister Christian Lindner from the fiscally conservative Free Democrats (FDP) has called for reform. “It is a very difficult task,” Scholz told party delegates in reference to the ongoing budget talks. “But I would like to take this opportunity to ... (full story)