Germany Will Use All of Its ‘Firepower’ to Revive Growth, Scholz Says

Mar.25 — German Finance Minister Olaf Scholz says the country is considering “timely and targeted” stimulus to revive economic growth once the coronavirus epidemic subsides during an interview with Bloomberg’s Matt Miller on “Balance of Power.”

In This Story: Germany

Germany, officially the Federal Republic of Germany, is a country in Central and Western Europe. It lies between the Baltic and North seas to the north, and the Alps to the south.

Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.

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