German Fiscal Stimulus Measures has been called on the German Government by a top European Central Bank (ECB) official and Germany’s Deputy Labor Minister to cut taxes on labor.
It was argued by ECB Executive Board Member Benoit Coeure and Deputy Labor Minister Joerg Asmussen in an opinion piece first published in German newspaper Berliner Zeitung and later released on the ECB website that there is scope in the German budget to reduce the tax wedge, which they said could stimulate improved economic growth in the eurozone.
