Tag: fiscal policy
Agreement on debt deal – it’s going to be so turbulent now
Joe Biden The US President and the Speaker of the House of Representatives have reached an agreement in the debt dispute. (Photo: Reuters) Washington The US Congress has only a…
Preliminary agreement reached in dispute over debt ceiling
Kevin McCarthy The leader of the House of Representatives wants to speak to the press in the evening. (Photo: AP) Washington President Joe Biden and Republican Kevin McCarthy have achieved…
Agreement in sight on dispute over US debt ceiling
Joe Biden (r) and Kevin McCarthy, Speaker of the House Biden’s Democrats need the support of Republicans to reach an agreement. (Photo: dpa) Washington In the United States, the government…
25 years of the ECB – the eternal provisional
Can this go well? A single central bank for meanwhile 20 European countries, plus Andorra, Monaco, San Marino and the Vatican as officially associated mini-countries. In addition, Montenegro and Kosovo…
Tensions in the traffic light coalition in the budget dispute are increasing
Christian Lindner and Olaf Scholz The Federal Minister of Finance has been pursuing an austerity plan for a long time, and now Chancellor Scholz is to support a controversial plan…
No agreement with Biden in the debt dispute
Kevin McCarthy The Speaker of the House of Representatives after his meeting with Joe Biden. (Photo: AP) The most recent top meeting in the dispute over raising the US debt…
Elections in Turkey – new government, new problems?
Incumbent Erdogan and challenger Kilicdaroglu A clear political line is not apparent in any of the initial scenarios for the elections. (Photo: dpa) Istanbul This Sunday will decide whether Turkey’s…
State revenues collapse by almost 150 billion euros
Federal Finance Minister Christian Lindner in Niigata “We all have to face this budgetary reality.” (Photo: IMAGO/photothek) Berlin, Niigata The budget problems follow Christian Lindner (FDP) to Japan. While the…
Significantly less tax revenue in 2024
Christian Lindner The Federal Minister of Finance regularly calls on the other ministries to save. (Photo: Reuters) Berlin, Niigata The federal, state and local governments will probably have to make…
What King Charles III. earned – and what expenses he has for the farm
Dusseldorf On May 6th Charles III. was crowned King of Great Britain and Northern Ireland and 14 other countries at the age of 74. He also assumes responsibility for a…
Greece pushes debt ratio
Athens Most EU countries significantly reduced their public debt ratios in the past year. According to the statistics authority Eurostat, the decline in 2022 in the euro area was 3.9…
Budget dispute in the coalition – no additional money in sight
Christian Lindner (FDP, left) and Olaf Scholz (SPD) The current tax estimate does not open up any new leeway for the finance minister. (Photo: IMAGO/Frank Ossenbrink) Berlin Christian Lindner (FDP)…
President Lagarde explains the renewed interest rate hike in the euro area
As expected, the ECB raised interest rates in the euro area. For the first time since the beginning of the rate hike cycle last summer, the central bank chose an…
How the federal states pile up mountains of debt through the back door
Berlin The pot should “have it all”, announced the new state government, and it has. The new climate special fund of the city of Berlin is to comprise up to…
“It’s good when everyone is a little dissatisfied”
Stockholm Christian Lindner appeared in good spirits in front of the cameras in the conference center at Stockholm Airport. He was once again the center of attention at the meeting…
Habeck wants additional money for the price of industrial electricity – but Lindner refuses
Christian Lindner (FDP) and Robert Habeck (Greens) A new dispute breaks out between the two ministers over the industrial electricity price. (Photo: Reuters) Berlin A new dispute over the federal…
House of Representatives votes to raise debt limit
Capitol Washington The Senate will likely vote against the plan. (Photo: dpa) Washington The US House of Representatives has approved a bill raising the debt limit. With a narrow majority…
“Germany must not become a permanent blocker in Brussels” – this is how the debt dispute is dividing Europe
Christian Lindner Lindner has reservations about the debt sustainability analysis. (Photo: dpa) Berlin, Brussels, Paris The federal government rejects the reform proposals of the EU Commission for the European debt…
The EU Commission wants to save the Stability Pact
Brussels Christian Lindner left no stone unturned, he also published an article for the “Financial Times” on Tuesday. However, the Federal Minister of Finance’s efforts to force the EU Commission…
Christian Lindner calls traffic lights to save
Berlin In the end it got personal. In the last three minutes of his one and a half hour speech at the FDP party conference, Christian Lindner spoke about himself.…