Categories: Business

Economy Minister: Altmaier defends billions in aid to the economy

Federal Minister of Economics Peter Altmaier (CDU) has defended the state’s billions in aid for the German economy affected by the Corona crisis.

The state must prevent the loss of millions of jobs because companies alone cannot do so, Altmaier said in the evening in the ARD “Report from Berlin”. It is important for him that there is no influence on business decisions.

“The state has to stay out and the state will stay out. This is true in the medium and long term,” the minister stressed. “But it is also important that we prevent millions of jobs from being lost because companies do not make it and in other countries the state invests precisely in these companies on the other side, namely in companies in Asia, America and elsewhere.”

If the German state did not intervene, it would mean a shift in the world economic weights at the expense of Germany. “And that is not acceptable in the interests of 83 million people in this country.”

Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

XRP Drops from $3.65 to $3.14—SunnyMining Launches Automated Mining Contracts to Help Users Turn XRP into Stable Daily Income

Houston, Texas, 26th July 2025, ZEX PR WIRE, XRP has fallen from its mid-month high…

18 hours ago

XRP Holders Can Now Earn Daily Passive Income via Find Mining’s New Payment Integration

Find Mining has launched “Pay with XRP,” enabling global users to access mainstream crypto mining…

18 hours ago

XRP encountered liquidation? Ripplecoin Mining launched XRP cloud mining contracts to help holders obtain stable daily income

Despite the increased market volatility, Ripplecoin Mining uses AI intelligent computing power system and flexible…

2 days ago

XRP Popularity Surges: SunnyMining Launches High-Yield Cloud Mining Plans to Turn XRP Holdings into Daily Income

Los Angeles, California, 25th July 2025, ZEX PR WIRE, XRP is rapidly evolving from a payment-focused token…

2 days ago

Are You Still Envious of Others Who “Make Money by Holding Coins”? The Biggest Winner This Year May Be XRP Holders

Los Angeles, California, 25th July 2025, ZEX PR WIRE, As XRP continues to lead the crypto market,…

2 days ago