Tag #Fiscal Policy

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welt.de

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Sep 5, 22:21

German Federal Budget 2025: Minor Increases Amidst Projected Shortfall

The German government approved the 2025 Federal Budget, including small increases for various sectors, while facing a projected €170 billion shortfall in the 2027-2029 period.

German Federal Budget 2025: Minor Increases Amidst Projected Shortfall

The German government approved the 2025 Federal Budget, including small increases for various sectors, while facing a projected €170 billion shortfall in the 2027-2029 period.

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Zero Hunger

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What were the key budgetary adjustments approved in the German Federal Budget 2025?

The budget includes €22 million more for the UN World Food Programme, €10 million more for polio eradication, €59 million for energy-efficient housing projects, €30 million more for political foundations, €23 million for internal security, €17 million for civil aviation, and €2 million for German war graves abroad. A "sports billion" for sports facilities is planned from a separate infrastructure fund.

elmundo.es

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Sep 5, 04:18

Spanish Government Amends Debt Relief Law, Limiting Social Spending Impact

The Spanish government amended its debt relief law within 48 hours, restricting the use of savings from reduced interest payments, contradicting earlier statements by the Prime Minister and Minister of Finance that the savings could be used for social programs.

Spanish Government Amends Debt Relief Law, Limiting Social Spending Impact

The Spanish government amended its debt relief law within 48 hours, restricting the use of savings from reduced interest payments, contradicting earlier statements by the Prime Minister and Minister of Finance that the savings could be used for social programs.

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48% Bias Score

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Reduced Inequality

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What are the stated justifications for the changes made to the debt relief law?

The government now frames the debt relief as facilitating a gradual return to financial markets for regions participating in the program. This is presented as positive because it subjects regional governments to market logic, encouraging fiscal discipline. The government characterizes this relief as exceptional and non-recurring.

kathimerini.gr

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Sep 4, 01:18

UK Economic Instability Amidst European Uncertainty

The UK's 30-year bond surged to its highest level since 1998, causing market turmoil and putting pressure on the Labour government's new measures, while Greece shows economic resilience with growth exceeding 2% for three years.

UK Economic Instability Amidst European Uncertainty

The UK's 30-year bond surged to its highest level since 1998, causing market turmoil and putting pressure on the Labour government's new measures, while Greece shows economic resilience with growth exceeding 2% for three years.

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Decent Work and Economic Growth

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What is the immediate impact of the UK's economic instability on its government and markets?

The surge in the UK's 30-year bond to its highest level since 1998 has increased pressure on the Labour government's planned new measures. This instability is also causing turmoil in bond markets and stock exchanges, reflecting the country's substantial fiscal deficit and the need to secure funding from markets.

sueddeutsche.de

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Sep 4, 16:18

German Economy Stagnates Despite Stimulus Package

Leading German economic research institutes predict minimal growth for 2024, with only slight improvement by 2026, despite the government's €500 billion stimulus package, due to underlying structural issues and insufficient corporate investment.

German Economy Stagnates Despite Stimulus Package

Leading German economic research institutes predict minimal growth for 2024, with only slight improvement by 2026, despite the government's €500 billion stimulus package, due to underlying structural issues and insufficient corporate investment.

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Decent Work and Economic Growth

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What long-term structural reforms are necessary to address the underlying issues and prevent future economic stagnation?

Institutes recommend faster digitalization, improved conditions for innovation, and labor market reforms to control labor costs and prevent further increases in social security contributions. They also suggest reconsidering aspects of employment protection for highly skilled workers. Without these reforms, the stimulus is deemed insufficient to address long-term challenges.

news.sky.com

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Sep 3, 07:15

UK's High Bond Yields Amidst Economic Uncertainty

Rising UK bond yields and a falling pound raise concerns about the country's economic stability, particularly as the Budget approaches.

UK's High Bond Yields Amidst Economic Uncertainty

Rising UK bond yields and a falling pound raise concerns about the country's economic stability, particularly as the Budget approaches.

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Reduced Inequality

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What factors contribute to the increase in UK bond yields?

Multiple factors influence the rise, including concerns about the government's fiscal health due to failed welfare legislation and U-turns on spending cuts, leading to higher borrowing expectations. Additionally, the UK's high inflation rate, exceeding other G7 nations, impacts investor confidence and influences the Bank of England's interest rate decisions.

dailymail.co.uk

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Sep 2, 01:14

UK Economic Instability: Rising Debt and Policy U-Turns

Amidst rising inflation and a £100 billion increase in borrowing costs, the UK government faces economic challenges, marked by policy inconsistencies and market anxieties.

UK Economic Instability: Rising Debt and Policy U-Turns

Amidst rising inflation and a £100 billion increase in borrowing costs, the UK government faces economic challenges, marked by policy inconsistencies and market anxieties.

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56% Bias Score

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Decent Work and Economic Growth

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What are the immediate consequences of the UK's current fiscal policy?

The UK's borrowing costs have soared to £100 billion (10% of the budget), impacting economic stability. Policy inconsistencies and U-turns have decreased market confidence, as evidenced by the widening gap between British and G7 bond yields.

zeit.de

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Sep 5, 04:18

German Parliament Approves €502.5 Billion Budget for 2025

The German Bundestag's budget committee has agreed on a €502.5 billion budget for 2025, €460 million less than the government proposed, with new debt expected to exceed €140 billion.

German Parliament Approves €502.5 Billion Budget for 2025

The German Bundestag's budget committee has agreed on a €502.5 billion budget for 2025, €460 million less than the government proposed, with new debt expected to exceed €140 billion.

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Reduced Inequality

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How do different political factions react to the approved budget, and what are their main criticisms?

The Union's budget spokesperson lauded the budget, while the Greens criticized insufficient future investments and the Left called it 'reckless'. Greens cited "booking tricks" and insufficient funding for innovation and climate protection; the Left warned of social cuts.

dw.com

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Sep 4, 16:18

Germany's Coalition Government Faces Public Discontent Amidst Budget Disputes

Germany's coalition government, led by Chancellor Friedrich Merz (CDU), is facing widespread public disapproval (77%) due to internal disputes over budget cuts and social policies, mirroring issues that led to the previous government's collapse.

Germany's Coalition Government Faces Public Discontent Amidst Budget Disputes

Germany's coalition government, led by Chancellor Friedrich Merz (CDU), is facing widespread public disapproval (77%) due to internal disputes over budget cuts and social policies, mirroring issues that led to the previous government's collapse.

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Reduced Inequality

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How do public opinions on proposed policy changes influence the political landscape?

Public opinion largely favors stricter sanctions for social benefit recipients who repeatedly fail to meet obligations (80% support), higher taxes on high incomes and large inheritances, and tax breaks for overtime pay and working pensioners. However, proposals like increasing the retirement age to 70 are strongly rejected (84% oppose). This public sentiment could significantly impact the government's ability to implement its proposed reforms.

zeit.de

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Sep 4, 19:16

German Federal Spending on Social Welfare Remains Stable Despite Economic Growth

Despite a doubling of Germany's gross domestic product (GDP) over the past 25 years, federal spending on social welfare as a percentage of GDP has remained relatively stable, prompting criticism of recent calls for social reforms.

German Federal Spending on Social Welfare Remains Stable Despite Economic Growth

Despite a doubling of Germany's gross domestic product (GDP) over the past 25 years, federal spending on social welfare as a percentage of GDP has remained relatively stable, prompting criticism of recent calls for social reforms.

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No Poverty

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How has this spending trend influenced the debate surrounding social reforms in Germany?

Chancellor Merz's recent call for "painful decisions" on social reforms, particularly concerning citizens' allowance and pension policies, citing unaffordability, has been met with criticism. Left-wing politician Bartsch calls it a "lie campaign", arguing that the issue is not social welfare spending but increased military spending.

theguardian.com

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Sep 3, 22:19

UK's Economic Vulnerability: Lessons from Barings Bank Collapse and Japan

The article contrasts the UK's and Japan's economic resilience, highlighting the UK's reliance on short-term capital inflows, contrasting it with Japan's model, and analyzing the implications of this difference, particularly in light of recent events like the 2022 gilt crisis and Liz Truss's premier...

UK's Economic Vulnerability: Lessons from Barings Bank Collapse and Japan

The article contrasts the UK's and Japan's economic resilience, highlighting the UK's reliance on short-term capital inflows, contrasting it with Japan's model, and analyzing the implications of this difference, particularly in light of recent events like the 2022 gilt crisis and Liz Truss's premier...

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Reduced Inequality

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How does the UK's reliance on short-term capital inflows contribute to its economic vulnerability?

The UK's persistent current account deficit, where imports exceed exports, necessitates offsetting capital inflows. However, unlike Japan, a net capital exporter, the UK relies heavily on short-term inflows into speculative assets, creating vulnerability to rapid reversals. This dependence was vividly demonstrated during the 2022 gilt crisis.

elpais.com

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Sep 2, 13:20

Spain to Forgive €83.25 Billion in Regional Debt

The Spanish government will forgive €83.25 billion in regional debt, a move aimed at pleasing Catalan separatists, bolstering its governing coalition, and potentially fracturing the opposition, despite criticism over its potential for irresponsible fiscal behavior.

Spain to Forgive €83.25 Billion in Regional Debt

The Spanish government will forgive €83.25 billion in regional debt, a move aimed at pleasing Catalan separatists, bolstering its governing coalition, and potentially fracturing the opposition, despite criticism over its potential for irresponsible fiscal behavior.

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Reduced Inequality

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What is the immediate impact of Spain's plan to forgive €83.25 billion in regional debt?

The Spanish government aims to appease Catalan separatists, strengthen its governing coalition before budget presentations, and potentially weaken the opposition. This will directly affect the financial standing of several regions, particularly Andalusia, Catalonia, Valencia, and Madrid.

dw.com

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Sep 2, 16:18

German Chancellor Merz Announces Reform Package Amidst Economic Challenges

German Chancellor Friedrich Merz announced a reform package aimed at cutting social welfare spending and reducing business taxes to address a €172 billion budget deficit and stagnant economic growth, sparking disagreement within the ruling coalition.

German Chancellor Merz Announces Reform Package Amidst Economic Challenges

German Chancellor Friedrich Merz announced a reform package aimed at cutting social welfare spending and reducing business taxes to address a €172 billion budget deficit and stagnant economic growth, sparking disagreement within the ruling coalition.

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Reduced Inequality

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What are the main components of Chancellor Merz's proposed reform package, and what immediate impacts are expected?

Merz's plan focuses on reducing social welfare spending, particularly the Bürgergeld program, which provides unemployment benefits. He aims to save money by altering eligibility criteria, potentially impacting both German citizens and Ukrainian refugees. The plan also includes tax cuts for businesses.

Showing 13 to 24 of 781 results