Tag: Financial policy
EU Commission warns of premature austerity
EU flags In the Stability Pact, the euro countries agreed to limit their budget deficits to three percent based on national economic power and limit their total debt to 60…
The state is only partially operational
Jänschwalde lignite power station Schularick’s central thesis is that the state is ill-equipped for its role as a crisis manager. That has to change in the face of threats like…
SPD push to circumvent the debt brake
Berlin With a view to a possible traffic light coalition, the SPD left is now making a push to finance the planned projects. “The traffic light should agree on the…
SPD push to bypass the debt brake
Berlin With a view to a possible traffic light coalition, the SPD left is now making a push to finance the planned projects. “Central to the future of our country…
ESM boss Regling wants higher debt ceiling for EU countries
Klaus Regling In a new economic situation, the stability criteria would have to be adjusted, says the ESM boss. (Photo: AP) Berlin The head of the European rescue mechanism ESM,…
IMF chief economist: “Premature austerity only hurts”
Gita Gopinath Germany should apply the debt brake flexibly, believes the chief economist of the International Monetary Fund. (Photo: Bloomberg) Brussels / Berlin In the middle of the exploratory talks…
Debt brake: Reserves through debts: A possible “liberation blow” for the financial policy of the traffic light
The idea of using the currently suspended debt brake to build up a reserve is apparently well received by the SPD and FDP. But the proposal raises questions. .source site
IMF chief economist: “Premature austerity only hurts”
Gita Gopinath Germany should apply the debt brake flexibly, believes the chief economist of the International Monetary Fund. (Photo: TJ Kirkpatrick / Redux / laif) Brussels / Berlin In the…
The traffic light must not start as a sham
Progressive government, eco-liberal reform government, progressive center. There is no lack of metaphors for exaggerating a traffic light coalition. The superstructure of the new government, the roof so to speak,…
Explorers need money for billion-dollar projects
Berlin On Tuesday afternoon, Olaf Scholz (SPD) got on the plane to Washington. Between the soundings, the SPD candidate for chancellor takes two days to travel to the annual meeting…
The traffic light explorers and the search for the money for billion-dollar projects
Berlin On Tuesday afternoon, Olaf Scholz (SPD) got on the plane to Washington. Between the soundings, the SPD candidate for chancellor takes two days to travel to the annual meeting…
US House of Representatives approves debt ceiling increase
The Capitol in Washington A US default would have triggered a global financial crisis. (Photo: dpa) Washington With the approval of the House of Representatives to an increase in the…
World Bank warns of new debt crisis after the pandemic
World Bank chief Malpass David Malpass, President of the World Bank, warns of a new debt crisis in poorer countries. (Photo: dpa) Many poorer countries face a debt crisis after…
Ireland still agrees
Paschal Donohoe The Irish Finance Minister praised the compromise on global tax reform. (Photo: Reuters) Dublin, Berlin Ireland is still supporting the planned global tax reform and is giving the…
US Democrats announce agreement in dispute over debt ceiling
Chuck Schumer Chuck Schumer Democratic Majority Leader in the US Senate. (Photo: AP) Washington In the dispute over the US debt ceiling, Democrats and Republicans have reached a temporary settlement.…
Federal budget – that’s how much money the next coalition can distribute
Federal Minister of Finance and SPD candidate for Chancellor Olaf Scholz The Federal Minister of Finance works with a set of figures that depicts the situation more beautifully than it…
IMF boss has her back to the wall
Berlin, Brussels Kristalina Georgieva is fighting. Straighten your back, carry on, pretend normality. On Tuesday, the head of the International Monetary Fund (IMF) will give the usual outlook on the…
Larry Summers warns of high price increases
Larry Summers The former US Treasury Secretary under Bill Clinton recommends that the new federal government keep an eye on the necessary investments in the future. (Photo: © 2016 Bloomberg…
US Senate votes for budget law – “Shutdown” probably averted
US Congress The US Senate voted with a clear majority. (Photo: Bloomberg) Washington Shortly before the deadline expired, the US Congress averted the threat of a partial standstill in government…
Republicans block in the US Senate: “Shutdown” danger is approaching
US Senate An agreement on the financing of the US budget must be reached by Friday. (Photo: AP) Washington In the US, the danger of a partial standstill in government…