Tag: fiscal policy
Now the federal states have to deliver
Berlin The meeting between Chancellor Olaf Scholz and the Prime Minister ended as usual for such rounds: with a money commitment from the federal government to the states. Whether for…
How central banks and governments should deal with the crisis
Inflation in Germany and large parts of Europe is currently around ten percent – and thus at a level that most observers considered impossible just a year ago. Nevertheless, in…
Controversy over the third energy relief package
Federal Finance Minister Christian Lindner Berlin On November 2nd, the federal and state governments want to discuss the third energy relief package. The date was chosen deliberately. Chancellor Olaf Scholz…
The state can expect additional revenue of around 110 billion euros
Christian Lindner The Federal Minister of Finance will probably have more tax revenue at his disposal. (Photo: dpa) Berlin Despite the economic downturn, the state can expect significantly higher tax…
The state can expect additional revenue of around 110 billion euros
Christian Lindner The Federal Minister of Finance will probably have more tax revenue at his disposal. (Photo: dpa) Berlin Despite the economic downturn, the state can expect significantly higher tax…
Rishi Sunak has little time to heal the country’s chronic ailments
London Brexit has been weakening the island kingdom economically and politically for six years. (Photo: AP) All good things come in threes, you could say. With Rishi Sunak elected Prime…
Rishi Sunak has little time to heal the country’s chronic ailments
London Brexit has been weakening the island kingdom economically and politically for six years. (Photo: AP) London All good things come in threes, you could say. With Rishi Sunak elected…
More money for the countries? New debate ensues
Christian Lindner and Olaf Scholz According to information from the Handelsblatt, the finance minister strictly rejects a renewed suspension of the debt brake. (Photo: Reuters) Berlin Confusion about the debt…
With these financial pots, the EU is fighting against the energy crisis
EU summit in Brussels The EU Commission (here Commission President Ursula von der Leyen with Mario Draghi, Olaf Scholz and Mette Frederiksen) should examine “common European solutions”. (Photo: dpa) Brussels…
More money for the countries? New debate ensues
Christian Lindner and Olaf Scholz According to information from the Handelsblatt, the finance minister strictly rejects a renewed suspension of the debt brake. (Photo: Reuters) Berlin Confusion about the debt…
With the new Stabilization Pact, the EU is capitulating to the sad reality
Giorgia Meloni with coalition partner Silvio Berlusconi The new Italian right-wing coalition under Meloni will have to prove its budgetary discipline. (Photo: dpa) Three percent and 60 percent – these…
Chronicle of Liz Truss’ fall from power
Under pressure from the financial markets, she had previously had to dismiss her comrade-in-arms Kwasi Kwarteng as Chancellor of the Exchequer. Kwarteng wanted to implement Truss’ agenda with a financial…
EU plans new interim target for debt reduction
EU Commission President Ursula von der Leyen (centre) According to the Commission’s plan, every government will in future agree a tailor-made, multi-year debt reduction plan with the Brussels authorities. (Photo:…
Jeremy Hunt the new UK Treasury Secretary
Secret change of power Jeremy Hunt (M), UK Treasury Secretary, speaks in the UK House of Commons. Prime Minister Liz Truss (right) listens in silence. (Photo: dpa) London In the…
Federal Audit Office: Energy defense shield possibly unconstitutional
Olaf Scholz The Chancellor had promised a “double boom” to combat the consequences of the energy crisis. (Photo: AP) Berlin The Federal Court of Auditors doubts the constitutionality of the…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new Treasury Secretary is set to announce an about-face before Parliament today. (Photo: dpa) London The new British Treasury Secretary, Jeremy Hunt, has almost completely reversed Prime…
New British Treasury Secretary Hunt withdraws tax plans
Liz Truss The British Prime Minister has to bury almost her entire economic policy agenda. (Photo: Reuters) London The new British Treasury Secretary, Jeremy Hunt, has almost completely reversed Prime…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new finance minister is expected to announce an about-face before Parliament today. (Photo: AP) London Britain’s new finance secretary, Jeremy Hunt, announced far-reaching changes to the government’s…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new finance minister is expected to announce an about-face before Parliament today. (Photo: AP) London Britain’s new finance secretary, Jeremy Hunt, announced far-reaching changes to the government’s…
Mission Liz Truss failed
Liz Truss The prime minister is facing the shambles of her government agenda. (Photo: Reuters) London History repeats itself. Sometimes anyway. When former British Prime Minister John Major fired his…