Tag #German Politics

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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.

politico.eu

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Mar 6, 07:10

Germany's Fiscal Turnaround: Euro Surges, Borrowing Costs Rise

Germany's decision to bypass its constitutional budget deficit cap, enabling hundreds of billions of euros in new spending on defense and infrastructure, has sent the euro sharply higher against the dollar and increased German government borrowing costs, marking a historic shift in fiscal policy.

Germany's Fiscal Turnaround: Euro Surges, Borrowing Costs Rise

Germany's decision to bypass its constitutional budget deficit cap, enabling hundreds of billions of euros in new spending on defense and infrastructure, has sent the euro sharply higher against the dollar and increased German government borrowing costs, marking a historic shift in fiscal policy.

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Industry, Innovation, and Infrastructure

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What is the immediate impact of Germany's decision to increase public spending on financial markets and the euro's value?

Germany's significant shift towards increased public spending has caused a surge in the euro's value against the dollar and a substantial rise in German government borrowing costs. This follows an agreement to bypass the constitutional budget deficit cap, enabling hundreds of billions of euros in defense and infrastructure investment. The euro's increase reflects investor confidence in Germany's new fiscal approach.

welt.de

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Mar 6, 07:10

German Parliament Faces Power Struggle with AfD

The presidium of Germany's newly elected Bundestag will decide the date for its constituent session by March 25th, facing disputes over seating arrangements and committee assignments, especially with the AfD, now the second-largest faction, claiming key positions.

German Parliament Faces Power Struggle with AfD

The presidium of Germany's newly elected Bundestag will decide the date for its constituent session by March 25th, facing disputes over seating arrangements and committee assignments, especially with the AfD, now the second-largest faction, claiming key positions.

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Peace, Justice, and Strong Institutions

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What immediate impacts will the AfD's increased representation in the Bundestag have on parliamentary procedures and decision-making?

The Bundestag's presidium, composed of the current Bundestag president and representatives from newly formed factions, will determine the date for the new parliament's constituent session, which must convene by March 25th at the latest. Disagreements are expected regarding seating arrangements and committee assignments, particularly concerning the AfD, now the second-largest faction with 152 members.

elmundo.es

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Mar 6, 07:11

Germany Lifts Debt Brake Amidst Geopolitical Uncertainty

Germany's CDU/CSU and SPD agreed to lift the debt brake, allocating €500 billion over ten years for investments and infrastructure, marking a significant shift in post-war fiscal policy due to geopolitical tensions and potential trade conflicts.

Germany Lifts Debt Brake Amidst Geopolitical Uncertainty

Germany's CDU/CSU and SPD agreed to lift the debt brake, allocating €500 billion over ten years for investments and infrastructure, marking a significant shift in post-war fiscal policy due to geopolitical tensions and potential trade conflicts.

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What are the immediate implications of Germany lifting the debt brake, and how will this affect the country's fiscal policy?

Whatever it takes." This phrase, previously used by former European Central Bank President Mario Draghi, now describes the German CDU/CSU and SPD's approach to reforming the debt brake. This means abandoning the previously strict limits on German debt to fund necessary investments and address national security concerns.

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.

welt.de

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Mar 6, 13:14

Germany: Union, SPD Agree on Billions for Defense, Infrastructure

Union and SPD in Germany agree on a plan to loosen the debt brake and create a €500 billion infrastructure fund over ten years, with €100 billion for states and municipalities, plus changes to defense spending rules, requiring support from the Greens to pass.

Germany: Union, SPD Agree on Billions for Defense, Infrastructure

Union and SPD in Germany agree on a plan to loosen the debt brake and create a €500 billion infrastructure fund over ten years, with €100 billion for states and municipalities, plus changes to defense spending rules, requiring support from the Greens to pass.

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What are the key financial commitments and constitutional changes proposed by the Union and SPD regarding defense and infrastructure?

Union and SPD agree to unlock billions in loans for defense and infrastructure. This agreement, reached after three rounds of negotiations, includes loosening the debt brake for defense spending exceeding 1% of economic output and creating a €500 billion, 10-year infrastructure fund, with €100 billion allocated to states and municipalities. The debt brake will also be adjusted to allow states an annual new debt of 0.35% of GDP.

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

faz.net

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Mar 6, 10:10

SPD's Crushing Defeat Throws German Politics into Uncertainty

The SPD, Germany's ruling party, suffered a major setback in recent regional elections, winning only 16.4% of the vote. This outcome places immense pressure on party leader Lars Klingbeil to negotiate a coalition with the Union and implement significant internal reforms.

SPD's Crushing Defeat Throws German Politics into Uncertainty

The SPD, Germany's ruling party, suffered a major setback in recent regional elections, winning only 16.4% of the vote. This outcome places immense pressure on party leader Lars Klingbeil to negotiate a coalition with the Union and implement significant internal reforms.

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What are the immediate consequences of the SPD's electoral defeat, and how does it impact Germany's political future?

The SPD, Germany's ruling party, suffered a historic defeat in recent regional elections, receiving only 16.4% of the vote. This result leaves the party's future and the country's political landscape uncertain, placing immense pressure on party leader Lars Klingbeil to navigate a potential coalition with the Union.

dw.com

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Mar 6, 22:12

German Court Sentences "United Patriots" Terror Group Leaders

A German court sentenced four leaders of the "United Patriots" terrorist group to between five years nine months and eight years in prison for plotting to overthrow the government and kidnap Health Minister Karl Lauterbach; a fifth defendant received a shorter sentence.

German Court Sentences "United Patriots" Terror Group Leaders

A German court sentenced four leaders of the "United Patriots" terrorist group to between five years nine months and eight years in prison for plotting to overthrow the government and kidnap Health Minister Karl Lauterbach; a fifth defendant received a shorter sentence.

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Peace, Justice, and Strong Institutions

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What are the potential long-term implications of this case for German national security and the fight against far-right extremism?

This case highlights the growing threat of far-right extremism in Germany, connected to the "Reichsbürger" movement. The sentences reflect the severity of the plots and underscore the need for continued vigilance against such groups.

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.

dw.com

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Mar 6, 10:10

Germany's Coalition Talks: Debt Brake Amendment for Defense and Infrastructure

Germany's CDU/CSU and SPD are negotiating a coalition government, requiring substantial funding for defense (€130 billion) and infrastructure (€500 billion) modernization. This necessitates modifying the "Schuldenbremse" (debt brake) constitutional rule, potentially increasing Germany's debt burden ...

Germany's Coalition Talks: Debt Brake Amendment for Defense and Infrastructure

Germany's CDU/CSU and SPD are negotiating a coalition government, requiring substantial funding for defense (€130 billion) and infrastructure (€500 billion) modernization. This necessitates modifying the "Schuldenbremse" (debt brake) constitutional rule, potentially increasing Germany's debt burden ...

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How does the proposed solution to fund the modernization efforts challenge existing German fiscal rules, and what are the potential short-term political consequences?

The need for €130 billion over four years for immediate modernization, and an estimated €400 billion for Bundeswehr upgrades alone, along with €500 billion for infrastructure, necessitates a deviation from Germany's "Schuldenbremse" (debt brake). This rule, enshrined in the German constitution, limits government spending to income. The proposed solution involves exempting defense spending exceeding 1% of GDP and creating a €500 billion infrastructure fund.

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.

Showing 433 to 444 of 1,569 results