© Thomson Reuters German Finance Minister Christian Lindner speaks to the media at the international financial Fund constructing, in Washington BERLIN (Reuters) - Inflation is a chance for financial stability and central banks ought to take this into consideration, German Finance Minister Christian Lindner referred to on Monday.
"Inflation is a tough beast," talked about Lindner at an experience of the affiliation of German banks, adding that inflation is a possibility now not only for the monetary system, but also for the economic climate.
"Fiscal coverage may still now not contradict financial coverage," the finance minister stated, requesting a consolidation of public funds.
Subsidies aren't the answer to latest problems, based on Lindner - "we should still focus on structural reforms to advertise boom," he observed.
Lindner added there are no motives to fret about fiscal steadiness in Germany following the banking turmoil within the U.S. and with credit score Suisse.
"There isn't a banking crisis," he observed. "Our banks have a robust capital foundation."
(Reporting by way of Maria Martinez, enhancing through Emma-Victoria Farr and Sandra Maler)
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