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Germany can’t absorb all consequences of a Russian gas stop – finance minister

Pipes are pictured at a gas compressor station in Mallnow, Germany, November 1, 2021. REUTERS/Hannibal Hanschke

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BERLIN, July 1 (Reuters) – The German state would not be able to absorb all the negative consequences of a Russian gas supply stop for residents and companies, said German Finance Minister Christian Lindner.

Lindner added that Germany would not take on any more debt than truly necessary: “Debt also drives inflation,” he said.

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Reporting by Christian Kraemer, Writing by Miranda Murray, Editing by Rachel More

Our Standards: The Thomson Reuters Trust Principles.

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