Germany’s Scholz: Economy faces biggest transformation in a century to tackle climate change
|Germany’s new Chancellor Olaf Scholz said on Wednesday, the country faces the biggest economic transformation in a century to tackle climate change.
Additional comments
“Our quality of life depends on us achieving modernization of the economy.”
“There are no red lines for the government on tackling coronavirus.”
“Germany is a strong country today, but we need a new start and must not rest on laurels.”
Market reaction
These comments from the new German chief are not market moving and neither do they have any impact on the euro.
EUR/USD was last seen trading at 1.1270, adding 0.12% on a daily basis.
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