Mittwoch, 10. Februar 2010

German Finance Minister: No Self-Supporting Economic Upswing Yet

BERLIN -(Dow Jones)- The economic recovery is still fragile and it is too early to fully withdraw fiscal stimulus, German Finance Minister Wolfgang Schaeuble said Wednesday.

"We haven't quite yet overcome the crisis," Schaeuble said at a conference on financial market and tax policy. "To a large extent, this isn't yet a self-supporting upswing."

As a result, the withdrawal of stimulus measures must be carefully orchestrated, Schaeuble said.

Copyright 2009 Dow Jones Newswires

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