THE Olaf Solz warned its citizens Germany about the ongoing global financial crisis and described it as a “historic challenge”, which is not going to end soon.
“The current crisis will not end in a few months (…) we are facing a historic challenge,” the German chancellor said characteristically after the government’s talks with the social partners in the context of the so-called “coordinated action”, aimed at containing inflation.
“We must be prepared that this situation will not change in the near future. We are facing a historic challenge. The Germans will only get out of this phase if we join hands and agree on joint solutions”, stressed the chancellor and referred to the reliefs that have already come into force, such as the single monthly ticket of 9 euros for MMMs and the discount on fuel .
Mr. Soltz had already been quick yesterday to limit any expectations of an announcement of decisions after today’s meeting with the social partners and experts and the exchange of views initiated by the government with the Bundesbank. As he said, other meetings will follow and the results of the consultations will be available in the autumn. “Society is sometimes much stronger than we think. The message that is important to me is that we are united,” he said afterwards.
Source: News Beast
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