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Germany should lower taxes only when ECB reduces its stimulus: Ifo

Reuters  |  BERLIN 

BERLIN (Reuters) - There is no end in sight to Germany's economic boom and the next government should lower taxes gradually starting next year when the European Central Bank is expected to unwind its monetary stimulus, the Ifo institute's chief economist said on Thursday."The economy is firing on all cylinders, the upswing is entering a new boom phase," Timo Wollmershaeuser told Reuters in an interview, adding there were production bottlenecks and an over-utilization of capacities in practically all sectors.He urged the next government to take the strong economic growth into account when ...

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First Published: Thu, January 11 2018. 17:49 IST