Exclusive-German court ruling could hit growth next year - econ ministry source
Views:
1970-01-01 08:00
BERLIN A German court ruling that forced Berlin to freeze 60 billion euros ($65.12 billion) in planned green

BERLIN A German court ruling that forced Berlin to freeze 60 billion euros ($65.12 billion) in planned green investment spending could have a negative impact on the country's growth, an economy ministry source told Reuters on Friday.

According to initial estimates, the loss of investment funds could reduce growth by around half a percentage point in 2024, the source added.

($1 = 0.9213 euros)

(Reporting by Andreas Rinke; Writing by Miranda Murray; Editing by Sabine Wollrab, Madeline Chambers)

Tags economy growth germany epus finance budget