Tag: National debt
Why Lindner is better suited than Habeck
Robert Habeck and Christian Lindner The FDP boss and the co-boss of the Greens are interested in the post of finance minister. (Photo: dpa) Two offices stand for securing the…
With these tricks the traffic light coalition can run into more debt
Berlin The requirement sounds clear: “We will guarantee the necessary future investments within the framework of the constitutional debt brake, especially in climate protection, digitization, education and research as well…
Many Greeks do not shed tears after her
Athens Angela Merkel has often wrestled with Greece and the Greeks in the past ten years, and probably also quarreled. The Greek debt crisis plunged the euro zone into severe…
The government should not only set new priorities – it should also cut old ones
The basic idea behind the debt brake is simple: apart from severe recessions, the state’s expenditure should be financed by its current income. Since governments tend to spend more money…
Government crisis in Portugal over budget dispute
Portugal’s Prime Minister António Costa The socialist defends strict budgetary discipline. (Photo: imago images / GlobalImagens) Madrid The timing could hardly be worse: In the middle of the reconstruction, the…
How high borrowing costs are holding back the economy
Flag with Euro sign in front of the Greek Parliament Financing in Greece is increasingly bypassing banks. (Photo: dpa) Athens The consolidation of bank balance sheets in Greece is making…
Olaf Scholz expects lower national debt this year
Olaf Scholz The finance minister reckons that the corona crisis has not had as much of an impact on debt as feared. (Photo: dpa) Berlin Federal Finance Minister Olaf Scholz…
Reform proposal for debt rules in the Maastricht Treaty
One euro coin The stability of the euro is in grave danger. (Photo: imago images / Christian Ohde) The euro should be as hard as the D-Mark. That was the…
Rescue fund ESM wants to raise European debt limit
Berlin, Brussels Almost a quarter of a century after the introduction of the Stability and Growth Pact, the European debt rules are being overhauled. Last week the EU Commission initiated…
This is how the financing of public investments in the future succeeds
ICE in Berlin Central Station Deutsche Bahn could finance additional investments by borrowing. (Photo: dpa) After successful exploratory talks, the traffic light parties begin negotiations on the coalition agreement. In…
An exception rule in the Basic Law would be the right way out
The author Sebastian Dullien is Scientific Director of the Institute for Macroeconomics and Business Cycle Research at the Hans Böckler Foundation. (Photo: imago images / photothek) Over the past week…
Greece wants to pay off its debts early
Christos Staikouras The Greek finance minister is in a hurry with the repayment. (Photo: dpa) Athens Greece is negotiating with its debtors about the early repayment of aid loans. According…
How the ECB manages to exit crisis mode
Now she has to decide: will she keep this flexibility in the future? Or is it going back to its old rules, which aim at a greater separation of monetary…
Monetary Commissioner Gentiloni: “Don’t stall growth”
Monetary Commissioner Paolo Gentiloni The EU Commission wants to present its own reform proposals for the Maastricht rules in the coming year. (Photo: ROPI) Brussels The EU Commission presents the…
Europe’s debt rules must not be undermined
For Olaf Scholz (SPD), the discussion about reforming the Stability and Growth Pact is inconvenient. The future chancellor knows that his potential traffic light partners are worlds apart on the…
Study expects economic growth to halve by 2060
Dusseldorf The industrialized countries association OECD anticipates that the annual economic growth of the OECD and G20 countries could be halved by 2060. On average, the gross domestic product of…
Stability pact debate puts traffic lights under pressure
Berlin, Brussels, Rome, Paris September 2021: Olaf Scholz stands on the roof terrace of the German embassy in Paris, behind him the Eiffel Tower rises into the blue sky. The…
Stability pact debate puts traffic lights under pressure
Berlin, Brussels, Rome, Paris September 2021: Olaf Scholz stands on the roof terrace of the German embassy in Paris, behind him the Eiffel Tower rises into the blue sky. The…
Yellen suspends payments and urges a permanent solution to the debt dispute
Janet Yellen The Treasury Secretary has long been warning of an impending US insolvency. (Photo: Reuters) Washington In the dispute over the US debt ceiling, Treasury Secretary Janet Yellen calls…
Stability pact debate puts traffic lights under pressure
Berlin, Brussels, Rome, Paris September 2021: Olaf Scholz stands on the roof terrace of the German embassy in Paris, behind him the Eiffel Tower rises into the blue sky. The…