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Germany will take no new debt over next four years, says SPD finance minister
Germanys Finance Minister Olaf Scholz leaves a news conference during the 2018 G20 Conference entitled u00e2u20acu02dcThe G20 Agenda Under the Argentine Presidencyu00e2u20acu2122, in Buenos Aires March 18, 2018. u00e2u20acu201d Reuters pic

BERLIN, March 22 — Germany will pile no new debt over the next four years, Social Democrat Finance Minister Olaf Scholz said today, sticking to the strict fiscal discipline path of his conservative predecessor, Wolfgang Schaeuble.

"One thing we need for sure in order to ensure the economy remains on a good path is a solid fiscal policy and we are committed to the goal of no new debt,” Scholz told parliament. — Reuters

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