Tag #Schuldenbremse

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welt.de

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Mar 11, 13:15

Ifo Institute Critiques Germany's Planned Debt Increase, Highlights State-Level Hurdles

The Ifo Institute criticized Germany's planned massive debt increase, urging that it be solely used for defense and infrastructure investments, highlighting hurdles to passing debt brake relaxations in several states due to needed supermajorities.

Ifo Institute Critiques Germany's Planned Debt Increase, Highlights State-Level Hurdles

The Ifo Institute criticized Germany's planned massive debt increase, urging that it be solely used for defense and infrastructure investments, highlighting hurdles to passing debt brake relaxations in several states due to needed supermajorities.

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What are the Ifo Institute's concerns regarding Germany's planned increased borrowing and how might this impact the country's future fiscal stability?

The Ifo Institute urges Germany's Union and SPD parties to use planned increased borrowing solely for defense and infrastructure, not for other spending. They criticize the coalition's plans, advocating for cuts in non-priority areas and a higher threshold for defense spending exceptions to the debt brake.

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.

taz.de

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Mar 5, 22:09

Merz Reverses Campaign Pledges, Agrees to Massive Spending Increase

Ten days after the German Bundestag election, Chancellor candidate Friedrich Merz reversed his financial pledges, agreeing to suspend the debt brake for increased defense and infrastructure spending (€500 billion) following five rounds of negotiations with the SPD, prompting criticism within the Uni...

Merz Reverses Campaign Pledges, Agrees to Massive Spending Increase

Ten days after the German Bundestag election, Chancellor candidate Friedrich Merz reversed his financial pledges, agreeing to suspend the debt brake for increased defense and infrastructure spending (€500 billion) following five rounds of negotiations with the SPD, prompting criticism within the Uni...

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What are the long-term implications of this financial policy shift for Germany's fiscal stability and future generations?

This abrupt policy change highlights the fragility of pre-election promises in the face of unexpected events and the potential influence of coalition negotiations. The future implications include increased public debt, potential tax increases to offset spending, and possible internal divisions within the Union. The speed at which these agreements were reached suggests a willingness to compromise for the sake of forming a government.

sueddeutsche.de

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Mar 4, 22:09

Germany Plans Massive Spending on Defense and Infrastructure

CDU and CSU propose a €500 billion infrastructure fund and defense spending exemptions from debt limits, requiring constitutional amendments before the new parliament and potentially exceeding €1 trillion in extra spending over the coming years to address security concerns and infrastructure deficit...

Germany Plans Massive Spending on Defense and Infrastructure

CDU and CSU propose a €500 billion infrastructure fund and defense spending exemptions from debt limits, requiring constitutional amendments before the new parliament and potentially exceeding €1 trillion in extra spending over the coming years to address security concerns and infrastructure deficit...

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Industry, Innovation, and Infrastructure

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Why is the German government acting with such urgency to pass these proposals, and what are the potential obstacles to their success?

The proposed constitutional changes, including exemptions for defense spending from debt limits and increased borrowing powers for states, reflect concerns about Russia and a potential US withdrawal from Europe. The €500 billion infrastructure fund, partially allocated to states, aims to address Germany's aging infrastructure. This rapid response is driven by the need to secure necessary two-thirds majorities in the existing parliament before it dissolves.

taz.de

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Mar 4, 22:09

Germany Plans Billions in Defense and Infrastructure Spending via Loan Measures

Germany's Union and SPD parties announced plans for billions in loans for defense and infrastructure, involving a €500 billion special fund and relaxing the debt brake, requiring support from other parties for the necessary constitutional changes.

Germany Plans Billions in Defense and Infrastructure Spending via Loan Measures

Germany's Union and SPD parties announced plans for billions in loans for defense and infrastructure, involving a €500 billion special fund and relaxing the debt brake, requiring support from other parties for the necessary constitutional changes.

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Decent Work and Economic Growth

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How will the proposed changes to the debt brake affect Germany's fiscal policy in the long term, and what are the potential risks and benefits?

The plan involves amending the Basic Law to allow for increased borrowing for defense and infrastructure. This requires a two-thirds majority in parliament, which Union and SPD lack alone, necessitating support from Greens or FDP. The special infrastructure fund will span ten years, aiming to boost economic growth.

zeit.de

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Mar 4, 13:12

Germany's Greens Push for Ukraine Aid Amid US Halt

Following a US decision to temporarily halt military aid to Ukraine, Germany's Green Party demands immediate release of a planned billion aid package, highlighting tensions between the US and Europe and prompting a debate on German fiscal policy and its long-term commitment to Ukraine.

Germany's Greens Push for Ukraine Aid Amid US Halt

Following a US decision to temporarily halt military aid to Ukraine, Germany's Green Party demands immediate release of a planned billion aid package, highlighting tensions between the US and Europe and prompting a debate on German fiscal policy and its long-term commitment to Ukraine.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of the US temporarily halting military aid to Ukraine on German policy and support for Ukraine?

Germany's Green Party urges the immediate release of a planned billion aid package for Ukraine following the US's temporary halt of military aid. This package, already approved by the Bundestag, needs to be swiftly passed by the Finance Ministry to ensure continued support.

zeit.de

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Mar 11, 01:13

German Greens Propose Alternative Defense Spending Plan

Germany's Green party proposed a constitutional amendment to raise defense spending, differing from Union and SPD by suggesting a larger share from the regular budget and a higher GDP threshold (1.5 percent) before excluding it from the debt brake; negotiations are ongoing.

German Greens Propose Alternative Defense Spending Plan

Germany's Green party proposed a constitutional amendment to raise defense spending, differing from Union and SPD by suggesting a larger share from the regular budget and a higher GDP threshold (1.5 percent) before excluding it from the debt brake; negotiations are ongoing.

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Peace, Justice, and Strong Institutions

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How does the Greens' definition of "security" differ from the Union/SPD's approach, and what are the consequences of this difference for budgetary allocations?

The Greens' proposal reflects a broader vision of security, encompassing intelligence services, supporting attacked states, crisis aid, strengthening international peace organizations, cybersecurity, and infrastructure protection, beyond solely military spending. Their alternative approach challenges the Union and SPD's planned 500 billion Euro infrastructure fund, deemed insufficient by the Greens.

dw.com

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Mar 5, 16:13

Germany Plans Massive Debt-Financed Infrastructure Investment, Sparking Schuldenbremse Debate

Germany's new CDU/CSU-SPD coalition government plans a €500 billion infrastructure investment package financed by debt, necessitating a Schuldenbremse reform to accommodate increased defense spending, despite concerns about rising national debt and opposition from the AfD and Left party.

Germany Plans Massive Debt-Financed Infrastructure Investment, Sparking Schuldenbremse Debate

Germany's new CDU/CSU-SPD coalition government plans a €500 billion infrastructure investment package financed by debt, necessitating a Schuldenbremse reform to accommodate increased defense spending, despite concerns about rising national debt and opposition from the AfD and Left party.

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What immediate actions are being taken to address Germany's €25 billion budget deficit and what are the potential consequences of those actions?

Germany's previous coalition government collapsed due to disagreements on the 2025 budget, leaving a €25 billion deficit. The new CDU/CSU-led government, in coalition talks with the SPD, agreed on a €500 billion, debt-financed infrastructure investment plan over ten years, alongside a potential Schuldenbremse reform to accommodate increased defense spending.

zeit.de

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Mar 5, 16:13

German Greens Propose Basic Law Reform Amidst Budget Debate

Germany's Green Party proposed amending the Basic Law to allow for additional government spending, expressing reservations about the Union and SPD's plan to bypass the debt brake for defense and infrastructure, demanding a broad democratic consensus before the Bundestag's reconstitution at the end o...

German Greens Propose Basic Law Reform Amidst Budget Debate

Germany's Green Party proposed amending the Basic Law to allow for additional government spending, expressing reservations about the Union and SPD's plan to bypass the debt brake for defense and infrastructure, demanding a broad democratic consensus before the Bundestag's reconstitution at the end o...

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Climate Action

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What is the immediate impact of the Greens' proposal to amend the Basic Law regarding additional funding?

The German Green Party has proposed amending the Basic Law to accommodate additional funding, leaving open whether they will support the Union and SPD's plan to circumvent the debt brake for defense spending and establish a €500 billion special fund. This decision hinges on upcoming negotiations and the need for a broad democratic majority to pass a constitutional amendment.

dw.com

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Mar 4, 22:09

Germany Plans Debt Brake Amendment for Military, Infrastructure Spending

Germany's CDU/CSU and SPD plan to amend the debt brake to fund €400 billion in military upgrades and €500 billion in infrastructure, creating a special fund, despite concerns from the Federal Audit Office about accumulating debt and long-term fiscal sustainability.

Germany Plans Debt Brake Amendment for Military, Infrastructure Spending

Germany's CDU/CSU and SPD plan to amend the debt brake to fund €400 billion in military upgrades and €500 billion in infrastructure, creating a special fund, despite concerns from the Federal Audit Office about accumulating debt and long-term fiscal sustainability.

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What immediate actions are proposed to address Germany's substantial budget deficit and how will these actions impact the country's debt and fiscal policy?

Germany faces a massive budget deficit of at least €130 billion over the next four years, exacerbated by the need for €400 billion for military modernization and €500 billion for infrastructure improvements. To address this, the CDU/CSU and SPD are proposing amendments to the debt brake, allowing exceptions for defense spending exceeding 1% of GDP and creating a €500 billion special fund for infrastructure.

welt.de

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Mar 4, 22:09

Germany Bypasses Debt Brake for €100 Billion Military Modernization Plan

Germany plans to spend over €100 billion on military modernization, bypassing the debt brake rule with support from Union, SPD, and likely the Greens, to address equipment shortages and meet NATO's 2% GDP spending target, though experts estimate a further €200 billion is needed.

Germany Bypasses Debt Brake for €100 Billion Military Modernization Plan

Germany plans to spend over €100 billion on military modernization, bypassing the debt brake rule with support from Union, SPD, and likely the Greens, to address equipment shortages and meet NATO's 2% GDP spending target, though experts estimate a further €200 billion is needed.

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What are the immediate implications of Germany's plan to circumvent the debt brake for military spending, and how does it address the country's defense capabilities?

Germany plans to allocate over €100 billion for military modernization, addressing equipment shortages and aiming to meet NATO's 2% GDP spending target. However, experts estimate an additional €200 billion is needed to fully modernize the Bundeswehr. This necessitates amending the debt brake rule, a move previously opposed by the FDP but now supported by the Union and SPD, likely with Green party backing.

sueddeutsche.de

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Feb 27, 16:11

AfD Accuses CSU of Secret Debt Brake Plans Amidst Heated Post-Election Debate

Following the Bavarian state election, a heated debate unfolded in the state parliament, with the AfD accusing the CSU of secretly planning to abolish the debt brake and criticizing their handling of refugee policy, while the CSU countered with accusations of obstructionist tactics and inflammatory ...

AfD Accuses CSU of Secret Debt Brake Plans Amidst Heated Post-Election Debate

Following the Bavarian state election, a heated debate unfolded in the state parliament, with the AfD accusing the CSU of secretly planning to abolish the debt brake and criticizing their handling of refugee policy, while the CSU countered with accusations of obstructionist tactics and inflammatory ...

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How did the CSU respond to the AfD's criticism, and what broader political implications does this exchange reveal?

The Bavarian state parliament witnessed heated debate after the recent election, with the AfD employing inflammatory rhetoric to attack the CSU's handling of the debt brake and refugee policy. The CSU responded by highlighting the AfD's obstructionist tactics and their seemingly destructive political agenda.

Showing 13 to 24 of 35 results