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German Chancellor Scholz backs ECB’s inflation stance

“Fighting inflation is one of the central bank’s most important tasks for our common currency,” Scholz said at a joint press conference in Berlin with the Greek Prime Minister, responding to a question on the inflationary burden weighing on both countries.

“Inflation challenges our citizens and our companies, so that is a good decision by the ECB,” he said.

(This story has been corrected to remove an erroneous reference to upcoming ECB rate decision in paragraph 3)


Source: Economy - investing.com

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