© Reuters. FILE PHOTO: German Economy and Climate Minister Robert Habeck speaks, as he and Health Minister Karl Lauterbach (not pictured) attend a press conference on an event by the American pharmaceutical company Eli Lilly and Company, in Berlin, Germany November
By Markus Wacket
BERLIN (Reuters) – German Economy Minister Robert Habeck on Monday criticised sticking to what he called the country’s “inflexible” debt brake and took a swipe at Finance Minister Christian Lindner on prospective subsidy cuts, saying it was “all just talk”.
The comments laid bare strains in Chancellor Olaf Scholz’s ruling coalition after a court ruling last week that wiped 60 billion euros ($65 billion) from the federal budget sent the government scrambling for alternative sources of funding.
Habeck, from the pro-spending Greens, has warned that the ruling could severely impact Germany’s ability to support its industry through a green transition and keep jobs and value creation from moving abroad.
He has pointed to other countries, in particular the Inflation Reduction Act in the United States, as examples of governments helping industry stay competitive.
But Lindner, from the fiscally…
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