The current "lockdown light" is not comparable with the situation in spring, said Wieland. The German economy is benefiting from functioning supply chains and the recovery in Asia. "It would be much worse if there were again large-scale closures of factories, for example in industry," Wieland warned.
If the recovery solidifies, the support measures could also expire, Wieland continued. However, tax increases were the wrong way to go. An increase in income and corporate taxes would seriously damage growth in the short and long term. "It should be made clear that one wants to get out of debt by means of higher economic growth," he said in the "Börsen-Zeitung".
Neue Zürcher Zeitung: "Die Auswirkungen der zweiten Welle sind überschaubar"
Börsen-Zeitung: "Deutschland kann mit höherem Wachstum aus den Schulden herauskommen" (€)