Tag: fiscal policy
US President Biden wants higher taxes for the rich and companies
Joe Biden arriving in Philadelphia on Thursday The President outlines his budget plans. However, Congress decides on the budget. (Photo: Reuters) Philadelphia US President Joe Biden wants to tax companies…
Federal Minister of Finance Lindner postpones presentation of the key figures in the budget
Christian Lindner The finance minister is resisting billions from his colleagues in the cabinet. (Photo: dpa) Berlin Finance Minister Christian Lindner is postponing the submission of his key figures for…
Biden’s budget plan apparently envisages a deficit cut of almost three trillion dollars
Joe Biden The US President wants to present further details of his budget plans this week. (Photo: AP) Washington According to government circles, US President Joe Biden’s budget plans will…
DZ Bank warns of a “vicious circle” in Italy
Giorgia Meloni The right-wing politician has led the Italian government since October. (Photo: Reuters) Frankfurt The Italian government threatens to lose control of the national debt. This is the result…
Public debt: Federal Audit Office warns of “loss of control”
Berlin The Federal Court of Auditors admonishes the federal government because of the sharp increase in debt. “In order to prevent an impending loss of control over federal finances, the…
New debts weaken the EU
The author Jörg Krämer is chief economist at Commerzbank. (Photo: Imago, private) EU Economic Commissioner Paolo Gentiloni wants the EU to take on debt again – this time not for…
“Operationally” the ECB has made a fat loss – the big bill is yet to come
ECB President Christine Lagarde In practice, monetary and financial policy have long been closely intertwined. (Photo: Reuters) The European Central Bank (ECB) only manages to report a zero result for…
Euro zone debt: Sovereign debt in southern Europe shrinking
Rome The debt burden is also falling for Italy. (Photo: imago images/Westend61) Brussels It wasn’t long ago that economists prophesied about a return of the debt crisis in the euro…
Scholz intervenes in budget dispute
Robert Habeck (left), Olaf Scholz and Christian Lindner The three traffic light parties are currently arguing about the items in the 2024 federal budget. (Photo: dpa) Berlin Chancellor Olaf Scholz…
The federal budget is also experiencing a turning point
Expensive investments Soldiers of Panzergrenadierbataillon 371 show their equipment, which is in front of a Marder infantry fighting vehicle. The traffic light must now set clear priorities for budget spending.…
Habeck and Lindner argue about the federal budget
Christian Lindner and Robert Habeck The background to the dispute is the current list of benchmark figures for next year’s budget. (Photo: IMAGO/photo booth) Berlin Budget planning caused a heated…
The EU stability pact must be reformed with a sense of proportion
The euro and the EU Reforming EU debt rules is controversial but essential. (Photo: dpa) Berlin Even in a state of emergency you can settle in comfortably: the EU debt…
How Christian Lindner wants to save the European debt rules
Helsinki Things are not going well for FDP leader Christian Lindner. Exactly the second the finance minister entered the government plane on Wednesday morning, all the lights went out. The…
Reform of the EU debt rules threatens to fail – “So not acceptable”
Brussels Ten months is not a long time in politics, especially not in Brussels. This is how much time the Europeans have to adapt their fiscal rules to the post-corona…
EU forgets half the Inflation Reduction Act
Inspection of a windmill Europeans want to invest more in green energy – especially on credit. (Photo: dpa) The EU is literally looking under every stone to see if there…
Truss blames “powerful economic establishment” for failure
Liz Truss The former British Prime Minister has spoken out publicly for the first time since her untimely end as Prime Minister. (Photo: AP) London Former British Prime Minister Liz…
Why the turnaround in supply policy is wrong
Christian Lindner The Federal Minister of Finance wants a trend reversal in supply policy. (Photo: Reuters) On the basis of an internal paper from his ministry, Federal Finance Minister Christian…
Is the EU threatened with fragmentation?
Berlin, Brussels Paolo Gentiloni should not spend easy days in Berlin. The EU Economic Commissioner spoke with Chancellor Wolfgang Schmidt (SPD) on Tuesday morning, the meeting was scheduled to last…
Plus 0.1 percent – the economy in the euro zone will grow slightly in the fourth quarter of 2022
Shopping street in Madrid The economy in the euro zone grew slightly in the fourth quarter. (Photo: Bloomberg) Brussels, Luxembourg The economy in the euro area grew by 0.1 percent…
The EU does not need a new debt fund
Olaf Scholz (left) and Emmanuel Macron Germany and France would benefit from the relaxation of EU state aid rules. (Photo: dpa) In Brussels, the crucial question is again: How do…