Politics · Germany · 4 hrs ago

Thorsten Frei warns Germans to expect savings amid economic crisis

Thorsten Frei warns Germans to expect savings amid economic crisis

Thorsten Frei warned Germans to expect savings as the economy faces a crisis.

Frei leads the CDU/CSU group in Germany's parliament.

He said that without economic growth, there will be nothing extra to distribute.

The warning comes as thousands of industrial jobs are being lost.

It points to pressure on public spending while the economy is weak.

The statement does not specify which savings may be made or when any measures would follow.

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Thorsten Freichairman of the CDU/CSU parliamentary group
Wenn wir kein Wirtschaftswachstum haben, dann wird es nichts Zusätzliches zu verteilen geben in Deutschland.
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