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Germany will again limit state borrowing

Germany plans to return to limiting net new borrowing next year, Chancellor Olaf Scholz said yesterday, after the parties in the ruling coalition reached an agreement on the budget after a month of difficult negotiations, reports Reuters. ....

United States , Christian Lindner , Michael Huether , Olaf Scholz , Robert Habeck , Iw Institute , Transformation Fund , Free Democratic Party , Constitutional Court , Chancellor Olaf Scholz , German Executive , Federal Government , Gross Domestic Product , Social Democrats ,

Analysis-German budget fix to further crimp growth in 2024

Germany's hastily agreed coalition pact to overcome a legal setback to its budget plans is based mainly on spending cuts that will drag further on already insipid growth in Europe's largest economy, economists said. As sought by Finance Minister Christian Lindner, an advocate of budgetary rigour, Germany will reinstate its cap on new net borrowing in 2024 and fill funding gaps worth a total 17 billion euros ($18 billion) largely with cost savings. With the restrictive monetary policy being pursued by the European Central Bank to tame inflation, and with lingering uncertainty over the policy implications of Wednesday's budget deal, the risk is that a shallow recession will be prolonged. ....

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Germany reaches deal to end budget crisis with economy in disarray

The German government has reached a deal to solve a budget crisis following a month of tense negotiations after a court ruling threw its finances into. ....

United States , Michael Huether , Christian Lindner , Robert Habeck , Olaf Scholz , Economic Institute , Chancellor Olaf Scholz , Vice Chancellor Robert Habeck , Finance Minister Christian Lindner , Social Democrats , Free Democrats , German Economy , Budget Crisis ,

Analysis-German budget fix to further crimp growth in 2024

Analysis-German budget fix to further crimp growth in 2024
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East Germany , Olaf Scholz , Carsten Brzeski , Michael Huether , Mark John , Catherine Evans , Maria Martinez , Christian Lindner , Joerg Kraemer , Marcel Fratzscher , European Central Bank , Finance Minister Christian Lindner , Chancellor Olaf Scholz ,

German budget fix to further crimp growth in 2024

Germany s hastily agreed
coalition pact to overcome a legal setback to its budget plans
is based mainly on spending cuts that will drag further on
already insipid growth in Europe s largest economy,.
-December 13, 2023 at 11:15 am EST
- MarketScreener ....

East Germany , Olaf Scholz , Mark John , Michael Huether , Carsten Brzeski , Maria Martinez , Catherine Evans , Marcel Fratzscher , Christian Lindner , Joerg Kraemer , European Central Bank , Finance Minister Christian Lindner , Chancellor Olaf Scholz ,