Germany is facing growing calls at home and from abroad to ditch its self-impose...
BERLIN - Germany is facing growing calls at home and from abroad to ditch its self-imposed balanced budget rule and take on new debt to inject more fiscal stimulus into Europe’s largest economy.
A senior government official told Reuters this month that the finance ministry is toying with the idea of issuing new debt in the form of “green bonds” which could help finance a costly climate protection package. Below is an overview of events that could soon decide about the fate of Germany’s balanced budget rule, also known as the Schwarze Null or black zero.Leaders of Chancellor Angela Merkel’s conservatives and the co-ruling, center-left Social Democrats meet behind closed doors to prepare a comprehensive package of climate protection measures that are likely to burden the federal budget massively.
Germany’s export-reliant economy shrank by 0.1% on the quarter from April to June, and another quarter of contraction would be viewed as a technical recession.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Touring the Overlooked Islands of New YorkUnearthing the hidden histories of New York's overlooked islands, from buried bodies to heron sanctuaries
Lire la suite »
PM Johnson calls on Germany and France to compromise on BrexitPrime Minister Boris Johnson on Monday called on Germany and France to compromis...
Lire la suite »
Germany's central bank issues recession warningGermany's central bank, the Bundesbank, warns that the country could be slipping into recession
Lire la suite »
Wacken Open Air Producer Enters Partnership With Superstruct EntertainmentLondon-based Superstruct Entertainment has entered into a partnership with Germany promoter International Concert Service.
Lire la suite »
TÜV SÜD pulls out of dam safety checks after Brazil disasterGermany's TÜV SÜD has pulled out of conducting safety assessments of dams a...
Lire la suite »
A Timeline of Charlie Heaton and Natalia Dyer's RelationshipA Timeline of Charlie Heaton and Natalia Dyer's Relationship StrangerThings
Lire la suite »