Weidmann for temporary corona help

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Berlin (dpa) – Bundesbank President Jens Weidmann has advised politicians to limit Corona aid in time.

«It is important that relief measures are limited. Then they automatically expire in the further course, and the public finances stabilize again, »he told the newspapers of the Funke media group.

“The same applies to state holdings in companies: they may now be necessary. But the state should withdraw quickly after the crisis. The state is not the better entrepreneur. »

Politicians should also “regularly check short-time work benefits,” Weidmann said. It makes sense to use this instrument to bridge a temporary economic downturn. “Short-time work benefits should not, however, solidify structures that have no future, such as when business models are outdated.”

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