Tag #Fiscal Policy

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pt.euronews.com

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Mar 19, 19:16

Germany Approves €600 Billion Spending Plan, Breaking Fiscal Austerity

Germany's parliament passed a landmark bill authorizing €600 billion in spending on defense and infrastructure, breaking the "debt brake", with the DAX index briefly hitting a record high despite concerns about rising bond yields.

Germany Approves €600 Billion Spending Plan, Breaking Fiscal Austerity

Germany's parliament passed a landmark bill authorizing €600 billion in spending on defense and infrastructure, breaking the "debt brake", with the DAX index briefly hitting a record high despite concerns about rising bond yields.

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Industry, Innovation, and Infrastructure

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What are the immediate economic implications of Germany's approval of a massive new spending bill?

The German parliament approved a bill allowing €600 billion in government spending on defense and infrastructure, marking a major fiscal shift from austerity. This will exceed 1% of GDP in defense spending and include a €500 billion infrastructure fund. The DAX index rose, reflecting investor optimism, but concerns remain about increased deficits and bond market volatility.

theguardian.com

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Mar 19, 22:16

Germany's Grand Coalition: A Paradigm Shift in Economic and Security Policy

Germany's new grand coalition government, formed after February's snap election, will address economic stagnation and the rise of the far-right AfD party by implementing unprecedented public investment in defense, infrastructure, and climate transition, abandoning the country's "debt brake" policy.

Germany's Grand Coalition: A Paradigm Shift in Economic and Security Policy

Germany's new grand coalition government, formed after February's snap election, will address economic stagnation and the rise of the far-right AfD party by implementing unprecedented public investment in defense, infrastructure, and climate transition, abandoning the country's "debt brake" policy.

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Decent Work and Economic Growth

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What immediate actions has Germany's new grand coalition taken to address its economic stagnation and the rise of the far right?

Germany's new grand coalition government, formed after February's snap election, aims to address prolonged economic stagnation and the rise of the far-right AfD party. This marks a significant shift from previous coalition governments, characterized by fiscal conservatism and a lack of decisive action. The new government plans unprecedented public investment in defense, infrastructure, and climate transition, abandoning the country's "debt brake" policy.

politico.eu

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Mar 18, 07:16

Germany's Historic Spending Plan: From Austerity to €1 Trillion Investment

German Chancellor Friedrich Merz announced a €1 trillion spending plan for defense and infrastructure, reversing his previous austerity stance due to geopolitical concerns and domestic political pressures, potentially reshaping Europe's economic and security landscapes.

Germany's Historic Spending Plan: From Austerity to €1 Trillion Investment

German Chancellor Friedrich Merz announced a €1 trillion spending plan for defense and infrastructure, reversing his previous austerity stance due to geopolitical concerns and domestic political pressures, potentially reshaping Europe's economic and security landscapes.

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How will Germany's substantial increase in defense and infrastructure spending impact European security and economic dynamics in the coming decade?

Facing pressure from geopolitical shifts and domestic political realities, German Chancellor Friedrich Merz abandoned his previous fiscal conservatism, announcing a €1 trillion spending plan for defense and infrastructure. This marks a significant departure from Germany's long-standing austerity policies and could reshape Europe's economic landscape.

usa.chinadaily.com.cn

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Mar 18, 04:11

Merz Plans German Budget Cuts Despite Debt-Fueled Spending Plan

Germany's likely next chancellor, Friedrich Merz, plans to cut spending despite a debt-heavy spending plan requiring changes to the country's 'debt brake' which has already prompted legal challenges, and faces opposition from various parties.

Merz Plans German Budget Cuts Despite Debt-Fueled Spending Plan

Germany's likely next chancellor, Friedrich Merz, plans to cut spending despite a debt-heavy spending plan requiring changes to the country's 'debt brake' which has already prompted legal challenges, and faces opposition from various parties.

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How will the proposed changes to the 'debt brake' affect Germany's long-term fiscal health and its ability to manage future crises?

The proposed plan includes significant investments in defense and infrastructure, requiring changes to the 'debt brake' to accommodate increased borrowing. The Green Party's support is crucial, but disagreements over wording and inclusion of environmental measures persist. Failure to reach an agreement could have severe economic consequences for Germany.

welt.de

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Mar 18, 07:16

German Bundestag to Vote on 500 Billion Euro Debt Package

The German Bundestag will vote on a 500 billion euro debt package, allowing for increased investment in infrastructure, climate protection, and defense, requiring a two-thirds majority and potentially facing legal challenges.

German Bundestag to Vote on 500 Billion Euro Debt Package

The German Bundestag will vote on a 500 billion euro debt package, allowing for increased investment in infrastructure, climate protection, and defense, requiring a two-thirds majority and potentially facing legal challenges.

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Climate Action

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How does the inclusion of climate neutrality by 2045 in the Basic Law affect the legal and economic landscape in Germany?

This debt package reflects Germany's response to economic weakness and security concerns stemming from the Ukraine conflict. The plan aims to ensure financial and political maneuverability for the upcoming government by increasing investment in critical areas. Amendments to the Basic Law, particularly Article 143h regarding climate neutrality by 2045, are central to the agreement.

dw.com

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Mar 18, 10:15

Germany Votes on Historic Financial Package to Fund Defense and Climate

The German Bundestag votes on a multibillion-euro package amending borrowing limits to fund defense, infrastructure, and climate investments; the CDU/CSU, SPD, and Greens support it, while its failure risks a major crisis for the incoming coalition.

Germany Votes on Historic Financial Package to Fund Defense and Climate

The German Bundestag votes on a multibillion-euro package amending borrowing limits to fund defense, infrastructure, and climate investments; the CDU/CSU, SPD, and Greens support it, while its failure risks a major crisis for the incoming coalition.

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How does the inclusion of substantial climate investments influence the overall significance of this spending plan beyond immediate security concerns?

This vote signifies a significant shift in German fiscal policy, traditionally cautious about debt. The package, exceeding previous spending limits, reflects a response to heightened geopolitical instability and the need for urgent investments. The Greens secured significant climate investment (€100 billion) in exchange for their support.

sueddeutsche.de

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Mar 19, 19:16

German Bundestag Approves Defense Spending Increase Amidst Internal Party Dissent

The German Bundestag approved a constitutional amendment allowing 500 billion euros in increased debt for defense, despite significant internal dissent within the CDU/CSU Union faction, with numerous members expressing concerns about debt repayment and economic risks, leading to a record number of p...

German Bundestag Approves Defense Spending Increase Amidst Internal Party Dissent

The German Bundestag approved a constitutional amendment allowing 500 billion euros in increased debt for defense, despite significant internal dissent within the CDU/CSU Union faction, with numerous members expressing concerns about debt repayment and economic risks, leading to a record number of p...

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How did the Union faction leadership attempt to influence dissenting members' votes on the constitutional amendment?

Several CDU/CSU members voiced concerns about the amendment, citing insufficient debt repayment strategies and the prioritization of defense spending over addressing existing budget issues. This dissent highlights internal divisions within the Union faction and raises questions about the long-term fiscal sustainability of the decision.

nos.nl

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Mar 19, 19:16

Eurobonds Debate Divides EU

Eurobonds, jointly issued bonds by European countries, are debated within the EU's rearmament plan; while some member states support them, others like the Netherlands and Germany oppose them due to concerns about fiscal responsibility and risk-sharing.

Eurobonds Debate Divides EU

Eurobonds, jointly issued bonds by European countries, are debated within the EU's rearmament plan; while some member states support them, others like the Netherlands and Germany oppose them due to concerns about fiscal responsibility and risk-sharing.

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What are eurobonds, and what are the immediate implications of their potential adoption for the EU's budget and financial stability?

Eurobonds are jointly issued bonds by European countries, currently debated within the EU's plan for rearmament. While some member states strongly support them, others, like the Netherlands and Germany, firmly oppose their introduction. The Netherlands' coalition government recently overcame internal divisions on this issue.

welt.de

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Mar 18, 01:19

Germany to Vote on 500 Billion Euro Defense Debt Package

The German Bundestag is set to vote on Tuesday on a 500 billion euro debt package for defense, bypassing the debt brake, after the Federal Constitutional Court rejected legal challenges; the Bundesrat will decide on Friday.

Germany to Vote on 500 Billion Euro Defense Debt Package

The German Bundestag is set to vote on Tuesday on a 500 billion euro debt package for defense, bypassing the debt brake, after the Federal Constitutional Court rejected legal challenges; the Bundesrat will decide on Friday.

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What are the key arguments for and against the debt package, and what role do potential legal challenges play?

This decision follows a coalition agreement between the Union, SPD, and Greens, but faces opposition from the FDP, who argue the debt is unnecessary and may face legal challenges. The vote requires a two-thirds majority in the Bundestag.

welt.de

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Mar 18, 07:16

Germany to Vote on €500 Billion Debt Package Amidst Legal Challenges and Internal Dissent

The German Bundestag will vote on Tuesday on a €500 billion debt package proposed by the Union, SPD, and Greens, following the rejection of urgent legal challenges by the Federal Constitutional Court; the FDP plans to file a constitutional complaint and internal dissent exists within the coalition.

Germany to Vote on €500 Billion Debt Package Amidst Legal Challenges and Internal Dissent

The German Bundestag will vote on Tuesday on a €500 billion debt package proposed by the Union, SPD, and Greens, following the rejection of urgent legal challenges by the Federal Constitutional Court; the FDP plans to file a constitutional complaint and internal dissent exists within the coalition.

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What are the immediate consequences if the German Bundestag approves the €500 billion debt package?

The German Bundestag will hold a special session on Tuesday to vote on a massive debt package proposed by the Union, SPD, and Green parties. The Federal Constitutional Court rejected several urgent applications against it on Monday evening. The Bundesrat is scheduled to decide on Friday. A constitutional amendment would enable a special fund of €500 billion and an exception to the debt brake for defense spending.

europe.chinadaily.com.cn

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Mar 18, 07:16

Merz Plans German Cost Cuts Amidst Debt-Fueled Spending Plan

Germany's incoming chancellor, Friedrich Merz, plans cost cuts despite a debt-heavy spending plan needing constitutional changes, facing legal challenges and political gridlock.

Merz Plans German Cost Cuts Amidst Debt-Fueled Spending Plan

Germany's incoming chancellor, Friedrich Merz, plans cost cuts despite a debt-heavy spending plan needing constitutional changes, facing legal challenges and political gridlock.

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What are the immediate economic and political consequences of Germany's proposed changes to its constitutional debt limits?

Germany's next chancellor, Friedrich Merz, plans federal, state, and local cost cuts despite a debt-heavy spending plan. This plan, supported by the SPD, includes major defense and infrastructure investments, requiring a change to Germany's constitutional debt limits. Legal challenges to the proposal are already underway.

dw.com

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Mar 18, 10:15

Germany Bypasses Debt Brake to Fund Increased Spending

Germany's coalition government, comprising CDU/CSU, SPD, and Greens, has decided to abandon the debt brake to fund increased spending on defense, infrastructure, and climate change, raising concerns about long-term economic risks despite the urgency of the situation.

Germany Bypasses Debt Brake to Fund Increased Spending

Germany's coalition government, comprising CDU/CSU, SPD, and Greens, has decided to abandon the debt brake to fund increased spending on defense, infrastructure, and climate change, raising concerns about long-term economic risks despite the urgency of the situation.

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How does the German government's approach to financing increased spending contrast with fiscal conservatism, and what are the potential long-term economic implications?

The German government's decision to bypass the debt brake, supported by CDU/CSU, SPD, and Greens, reflects a prioritization of immediate security and infrastructure needs over fiscal responsibility. This decision, while enabling crucial investments, raises concerns about long-term economic stability and potential risks.

Showing 433 to 444 of 790 results