Tag: National debt
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…
Constitutional lawyers consider the reserve unconstitutional
Robert Habeck, Annalena Baerbock (both Greens), Olaf Scholz (SPD) and Christian Lindner (FDP), from left to right The exploratory paper presented on Friday contains various spending requests – as well…
Constitutional lawyers consider the reserve unconstitutional
Robert Habeck, Annalena Baerbock (both Greens), Olaf Scholz (SPD) and Christian Lindner (FDP), from left to right The exploratory paper presented on Friday contains various spending requests – as well…
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 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…
The upswing is faltering, the IMF revises its growth forecast
Berlin, Washington It sounds like a crisis, what the International Monetary Fund (IMF) writes in its World Economic Outlook (WEO) published on Tuesday. There is talk of an “increased risk…
The upswing is faltering, the IMF revises its growth forecast
Berlin, Washington It sounds like a crisis, what the International Monetary Fund (IMF) writes in its World Economic Outlook (WEO) published on Tuesday. There is talk of an “increased risk…
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…
How Greece wants to encourage mergers
Greece’s Prime Minister Kyriakos Mitsotakis “We know that our companies have to become more competitive.” (Photo: Reuters) Athens The Greek government wants to encourage small and medium-sized companies to cooperate…
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.…
Republicans could agree to extend the debt ceiling
Washington Mitch McConnell is the leading Republican in the U.S. Senate (Photo: dpa) Washington In the dispute over raising the US debt ceiling, the Republicans want to reach out to…