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German economist warns about poverty in his country

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German economist warns about poverty in his country

Berlin, Jul 13 (Prensa Latina) The president of the German Institute for Economic Research (DIW), Marcel Fratzscher, today warned of the possibility of poverty among the lowest income families in this country.

He called on Wednesday for more relief for people with low incomes from inflation; he also said that, at present, Germans have an emergency situation for many people, because without shortages prices skyrocketed.

Speaking to ZDF public television, he pointed out that especially low-income citizens already have to pay 150 to 200 euros more per month for food, also for energy, especially for gas.

He stressed they do not even expect the problem, as they already have a crisis. The economist criticized that politicians are still not doing enough to ease the burden on those who really need help.

He insisted that with the aid packages so far, they did not really relieve the low-wage people.


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