The German Economy Ministry has lifted the moratorium on spending from the country s flagship Climate and Transformation Fund (KTF), introduced in light of the budget crisis at the end of last year, German media reported on Monday.
Professor of macroeconomics and monetary economics at the University of Fribourg, Sergio Rossi, told Sputnik that there are a “number of reasons” for the recession in Germany, principally ones that “affect households’ purchasing power negatively.”
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