Tag #Debt Brake

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dw.com

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Mar 12, 16:13

Germany's Outgoing Bundestag to Decide on Debt Brake Amendment

The outgoing German Bundestag will hold a special session on March 13th to potentially amend the debt brake, enabling increased military spending and infrastructure investment—a move criticized for bypassing the newly elected parliament's lack of a two-thirds majority.

Germany's Outgoing Bundestag to Decide on Debt Brake Amendment

The outgoing German Bundestag will hold a special session on March 13th to potentially amend the debt brake, enabling increased military spending and infrastructure investment—a move criticized for bypassing the newly elected parliament's lack of a two-thirds majority.

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How do the planned changes to the debt brake relate to the election results and the political positioning of the different parties?

This action is controversial, criticized as a disregard for the voters' will and potentially manipulative, given that the Union parties previously rejected such measures during the election campaign. The move aims to circumvent the lack of a two-thirds majority in the new Bundestag, which is necessary to amend the constitution. The planned 500 billion euro special fund for infrastructure is also subject to criticism, with concerns about potential for uncontrolled spending and state bloat.

euronews.com

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Mar 8, 04:07

EU Eases Fiscal Rules, Boosting German Stock Market

Following Germany's proposal, the EU's 27 member states agreed to ease fiscal rules for defense spending, allowing Germany to increase defense spending beyond 1% of GDP and invest in infrastructure via a €500 billion special fund; this led to Germany's DAX index reaching a new high of 23,419.48, whi...

EU Eases Fiscal Rules, Boosting German Stock Market

Following Germany's proposal, the EU's 27 member states agreed to ease fiscal rules for defense spending, allowing Germany to increase defense spending beyond 1% of GDP and invest in infrastructure via a €500 billion special fund; this led to Germany's DAX index reaching a new high of 23,419.48, whi...

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Peace, Justice, and Strong Institutions

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How does this policy change address Germany's past fiscal constraints and what are the potential broader economic consequences?

This policy shift addresses Germany's decade-long fiscal constraints imposed after the 2009 European sovereign debt crisis. The agreement unlocks €800 billion in special funds and opens the door for additional funding sources, potentially exceeding 3% of GDP dedicated to defense without triggering debt limits. This is directly linked to Germany's push to increase defense spending beyond 1% of GDP and a proposed €500 billion special fund for infrastructure investment.

welt.de

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Mar 7, 10:09

German Greens Condition Support for €500 Billion Fund on Climate Action

Germany's Green Party conditionally supports a €500 billion infrastructure fund and defense spending debt brake reform, demanding inclusion of climate protection and criticizing the Union and SPD for ignoring climate risks; negotiations are ongoing.

German Greens Condition Support for €500 Billion Fund on Climate Action

Germany's Green Party conditionally supports a €500 billion infrastructure fund and defense spending debt brake reform, demanding inclusion of climate protection and criticizing the Union and SPD for ignoring climate risks; negotiations are ongoing.

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Climate Action

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What long-term implications could this political negotiation have on Germany's future budget allocation, particularly regarding defense and climate action?

The outcome will likely shape Germany's fiscal policy and its approach to climate change mitigation. The Greens' stance suggests future budgetary decisions will face increasing pressure to integrate climate-related expenditures. This could lead to significant shifts in government spending priorities.

zeit.de

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Mar 7, 13:11

Germany Plans Special Fund, Debt Brake Exceptions

Germany's Union and SPD propose a large special fund for infrastructure and defense, bypassing parts of the debt brake to address immediate investment needs, while concerns remain about long-term financial sustainability and intergenerational equity.

Germany Plans Special Fund, Debt Brake Exceptions

Germany's Union and SPD propose a large special fund for infrastructure and defense, bypassing parts of the debt brake to address immediate investment needs, while concerns remain about long-term financial sustainability and intergenerational equity.

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What are the immediate economic and societal implications of the proposed special fund and debt brake exceptions for Germany?

The German Union and SPD parties propose a large special fund for infrastructure and exceptions to the debt brake for defense. This is necessary due to the state's need for increased funding for crucial investments. However, this shouldn't preclude a fundamental reform of the debt brake to prevent future generations from bearing the burden.

welt.de

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Mar 7, 07:10

Bavarian Debt Brake Reform Faces Uncertain Future"

Germany's federal debt brake relaxation faces a crucial test in Bavaria, requiring a two-thirds majority in the state parliament and a subsequent referendum. The ruling CSU needs to secure votes from either the Free Voters or the Greens, but strained relations hinder progress.

Bavarian Debt Brake Reform Faces Uncertain Future"

Germany's federal debt brake relaxation faces a crucial test in Bavaria, requiring a two-thirds majority in the state parliament and a subsequent referendum. The ruling CSU needs to secure votes from either the Free Voters or the Greens, but strained relations hinder progress.

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How do the political dynamics between the CSU, Free Voters, and Greens in Bavaria influence the potential success of the debt brake reform?

The Bavarian parliament requires 134 of 203 votes to amend the constitution. While the CSU and SPD could secure 102 votes, they lack the 32 votes needed from either the Free Voters or the Greens. The Free Voters' reluctance stems from the CSU's shifting stance on the debt brake, and the Greens are hesitant due to past conflicts with Söder.

forbes.com

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Mar 6, 13:14

Germany's Fiscal Shift: Defense Spending, Infrastructure Investments, and Debt Brake Reform

Germany's new government announced a defense spending plan exempting funds above 1% of GDP from the debt brake, alongside a €500 billion infrastructure fund, also exempt, signaling a significant fiscal policy shift. This follows the EU's regulatory overhaul and a more business-friendly approach to C...

Germany's Fiscal Shift: Defense Spending, Infrastructure Investments, and Debt Brake Reform

Germany's new government announced a defense spending plan exempting funds above 1% of GDP from the debt brake, alongside a €500 billion infrastructure fund, also exempt, signaling a significant fiscal policy shift. This follows the EU's regulatory overhaul and a more business-friendly approach to C...

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Decent Work and Economic Growth

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What is the most significant immediate economic impact of the new German government's defense and infrastructure spending plans?

Germany's new government, despite not including Olaf Scholz directly in negotiations, is showing signs of progress. A new defense spending plan, exempting funds above 1% of GDP from the debt brake, has been announced, alongside a €500 billion infrastructure fund, also debt-brake exempt. This is a significant departure from previous approaches.

pt.euronews.com

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Mar 10, 22:09

German Greens Reject €500 Billion Defense and Infrastructure Fund

Germany's Green Party rejected a €500 billion special fund for defense and infrastructure, proposed by CDU/CSU and SPD, due to concerns over its impact on the country's fiscal situation; further negotiations are planned.

German Greens Reject €500 Billion Defense and Infrastructure Fund

Germany's Green Party rejected a €500 billion special fund for defense and infrastructure, proposed by CDU/CSU and SPD, due to concerns over its impact on the country's fiscal situation; further negotiations are planned.

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Responsible Consumption and Production

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How does the Green Party's demand for debt brake reform influence the negotiations and broader political landscape in Germany?

The Greens' opposition stems from a disagreement over fiscal policy and coalition promises. Their demand for debt brake reform highlights a fundamental disagreement over long-term economic strategies. The CDU/CSU and SPD's plan to use a special fund necessitates the Greens' support, showcasing the party's significant influence in German politics.

gr.euronews.com

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Mar 7, 13:11

Germany Plans €500 Billion Defense Fund Amidst Post-Election Political Hurdles

Germany's post-election government faces pressure to quickly approve a €500 billion defense fund, requiring a change to its "debt brake", amidst heightened security concerns following the Trump-Zelensky Oval Office meeting and ongoing negotiations to form a new coalition government.

Germany Plans €500 Billion Defense Fund Amidst Post-Election Political Hurdles

Germany's post-election government faces pressure to quickly approve a €500 billion defense fund, requiring a change to its "debt brake", amidst heightened security concerns following the Trump-Zelensky Oval Office meeting and ongoing negotiations to form a new coalition government.

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Peace, Justice, and Strong Institutions

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How will the proposed changes to Germany's "debt brake" affect the country's fiscal policy and broader economic stability?

Merz's proposal, while aiming to address immediate security concerns heightened by the Ukraine conflict and the Trump-Zelensky Oval Office clash, reflects broader geopolitical shifts and necessitates a fundamental change to German fiscal policy. The plan faces opposition from some parties in the new Bundestag, raising questions about its passage.

politico.eu

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Mar 7, 07:10

Germany's €500 Billion Spending Plan: A Constitutional Revolution

Germany plans a €500 billion increase in spending on defense and infrastructure over the next 10 years, modifying its debt brake and facing a March 25 deadline for approval in the outgoing Bundestag before the new parliament convenes.

Germany's €500 Billion Spending Plan: A Constitutional Revolution

Germany plans a €500 billion increase in spending on defense and infrastructure over the next 10 years, modifying its debt brake and facing a March 25 deadline for approval in the outgoing Bundestag before the new parliament convenes.

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Industry, Innovation, and Infrastructure

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What are the underlying causes for this policy shift and the challenges in achieving it?

This shift marks a dramatic change in German fiscal policy, moving away from austerity towards increased spending. It's driven by concerns about US foreign policy under Trump and aims to strengthen Germany's position within NATO and the EU. The plan includes exemptions to the debt brake for defense spending exceeding 1% of GDP and a special fund for infrastructure investments.

zeit.de

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Mar 7, 07:10

Bavarian Debt Brake Relaxation Faces Uncertain Future Amidst Political Discord

Bavaria's state parliament faces a critical vote on relaxing the debt brake, requiring a two-thirds majority which is currently unattainable without the support of the Free Voters and/or Greens. The CSU, needing these parties' votes, must address their concerns before the vote, with a subsequent pub...

Bavarian Debt Brake Relaxation Faces Uncertain Future Amidst Political Discord

Bavaria's state parliament faces a critical vote on relaxing the debt brake, requiring a two-thirds majority which is currently unattainable without the support of the Free Voters and/or Greens. The CSU, needing these parties' votes, must address their concerns before the vote, with a subsequent pub...

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What specific actions are required to pass the debt brake relaxation in Bavaria, and what immediate consequences will arise if it fails?

The Bavarian state parliament requires a two-thirds majority (134 of 203 members) to amend the debt brake. While the CSU (85 seats) and SPD (17 seats) support the amendment, they lack the necessary votes. The Free Voters (37 seats) and Greens (32 seats) hold the key to securing the majority but remain hesitant due to disagreements with the CSU.", A2="The federal government's agreement to relax the debt brake has sparked conflict within Bavaria's coalition government. The CSU needs the support of either the Free Voters or the Greens, both of whom are demanding changes in approach from the CSU before offering their votes. The final decision rests on a public referendum, requiring at least 25% of eligible voters to support the amendment.", A3="The Bavarian debt brake debate highlights the challenges of implementing federal policies at the state level, particularly when coalitions are fragile. The lack of consensus points towards potential difficulties in coordinating fiscal policy and achieving larger national goals. The public referendum adds another layer of uncertainty, potentially delaying the debt brake relaxation.", Q1="What specific actions are required to pass the debt brake relaxation in Bavaria, and what immediate consequences will arise if it fails?", Q2="What are the main points of contention between the CSU and the Free Voters/Greens regarding the debt brake relaxation, and how do these disagreements reflect broader political dynamics in Bavaria?", Q3="What are the potential long-term implications for Bavaria's fiscal policy and political landscape if the debt brake relaxation is either approved or rejected via public referendum?", ShortDescription="Bavaria's state parliament faces a critical vote on relaxing the debt brake, requiring a two-thirds majority which is currently unattainable without the support of the Free Voters and/or Greens. The CSU, needing these parties' votes, must address their concerns before the vote, with a subsequent public referendum deciding the final outcome.", ShortTitle="Bavarian Debt Brake Relaxation Faces Uncertain Future Amidst Political Discord")) 250307-930-396317/1

dw.com

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Mar 6, 13:14

Germany's Coalition Talks Hampered by Massive Budget Deficit and Debt Brake Reform

Germany's CDU/CSU and SPD are negotiating a coalition government facing a €130 billion deficit and requiring €900 billion for defense and infrastructure, necessitating a 'debt brake' reform and the creation of a €500 billion infrastructure fund, all to be approved by the current Bundestag before its...

Germany's Coalition Talks Hampered by Massive Budget Deficit and Debt Brake Reform

Germany's CDU/CSU and SPD are negotiating a coalition government facing a €130 billion deficit and requiring €900 billion for defense and infrastructure, necessitating a 'debt brake' reform and the creation of a €500 billion infrastructure fund, all to be approved by the current Bundestag before its...

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How will the proposed reform of the 'debt brake' impact Germany's fiscal policy, and what are the potential long-term consequences?

The projected deficits necessitate amending Germany's constitutional 'debt brake' to accommodate substantial increases in defense and infrastructure spending. This involves creating new special funds and adjusting borrowing limits for federal states. The current Bundestag's composition, due to expire soon, is pivotal in approving the necessary constitutional amendments.

zeit.de

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Mar 6, 13:14

German Bundestag to Hold Special Sessions on Defense Spending and Infrastructure

The German Bundestag's old members will convene special sessions on March 13th and 18th to approve €500 billion in infrastructure spending and debt brake changes for increased defense spending, a move the AfD is challenging legally due to a lack of two-thirds majority in the newly elected Bundestag.

German Bundestag to Hold Special Sessions on Defense Spending and Infrastructure

The German Bundestag's old members will convene special sessions on March 13th and 18th to approve €500 billion in infrastructure spending and debt brake changes for increased defense spending, a move the AfD is challenging legally due to a lack of two-thirds majority in the newly elected Bundestag.

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Why is the old Bundestag being convened for these special sessions, and what legal basis allows for this?

These special sessions are necessary because the proposed changes require a two-thirds majority in the Bundestag and Bundesrat, which the newly elected Bundestag lacks due to gains by the AfD and Left Party. The old Bundestag retains its powers until the new one forms, avoiding a period without parliamentary authority. The AfD is considering legal action, questioning the old Bundestag's legitimacy in making such a decision.

Showing 25 to 36 of 72 results