German finance minister warns that golden “fat years” are over

Finance Minister Olaf Scholz says Germany will have to say goodbye to the tax revenue windfalls it has been accustomed to. International and domestic problems are acting as a drag on Germany’s economic growth.

Germany’s “fat years” of higher-than-expected revenue from tax receipts are over, Finance Minister Olaf Scholz warned on Sunday, signaling that Europe’s top economy is set to loose momentum in the next few years.

DW

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