Finance

German finance minister: joint EU debt not the answer to energy crisis

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BERLIN, Oct 4 (Reuters) – German Finance Minister Christian Lindner defended his nation’s 200 billion euro ($196.66 billion) “defence defend” to fund vitality aid and rejected requires joint European Union debt, in feedback to broadcaster ZDF on Tuesday.

“Joint debt doesn’t assist us in the long term to strengthen competitiveness or with the sustainable funds of states,” Lindner stated.

($1 = 1.0170 euros)

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Reporting by Rachel Extra; Modifying by Christopher Cushing

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