With almost €100 billion in tax losses, Scholz announces another stimulus package

By |maj 15th, 2020|budget, coronavirus, COVID-19, economic recovery, Economy, News, Olaf Scholz|

For the German budget, the pandemic means greater expenditures and less income. For the first time since the financial crisis, tax revenues are falling but Finance Minister Olaf Scholz (SPD) is not thinking about austerity. On the contrary, another eco...

Komentarji so izklopljeni za With almost €100 billion in tax losses, Scholz announces another stimulus package

German parliament suspends debt brake to fight coronavirus outbreak

By |marec 26th, 2020|Angela Merkel, Bundestag, coronavirus, economic stimulus, German constitution, Germany, News, Olaf Scholz|

The German lower house on Wednesday (25 March) suspended the country's constitutionally enshrined debt brake, approving a massive stimulus package by Chancellor Angela Merkel's government to weather the economic fallout from the coronavirus outbreak.

Komentarji so izklopljeni za German parliament suspends debt brake to fight coronavirus outbreak

Germany set to foot massive but ‘necessary’ coronavirus bill

By |marec 23rd, 2020|business, coronavirus, COVID-19, debt, Economy, Germany, News, Olaf Scholz|

Coronavirus will cost Germany several hundred billion euros, according to new figures from research centre the ifo institute released on Monday (23 March). Production losses and unemployment will hurt, so Berlin will have to dig deep into its pockets. EURACTIV Germany reports. 

Komentarji so izklopljeni za Germany set to foot massive but ‘necessary’ coronavirus bill

Eurozone ministers discuss fiscal boost options as coronavirus worries weigh

By |februar 18th, 2020|Brexit, coronavirus, Eurozone, Mário Centeno, News, Olaf Scholz, Roberto Gualtieri|

Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday (17 February), in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic.

Komentarji so izklopljeni za Eurozone ministers discuss fiscal boost options as coronavirus worries weigh

Merkel’s future in balance as SPD picks new leaders

By |november 27th, 2019|Angela Merkel, Germany, News, Olaf Scholz, Social Democrats SPD|

German Chancellor Angela Merkel's political future hangs in the balance as her floundering coalition partners, the SPD, elect new leaders on Saturday.

Komentarji so izklopljeni za Merkel’s future in balance as SPD picks new leaders

German plan brings ‘new impetus’ to banking union, Eurogroup says

By |november 8th, 2019|EDIS, Eurogroup, European Deposit Insurance Scheme, News, Olaf Scholz, sovereign debt, sovereign debt backed securities (SBBS)|

Finance ministers on Thursday (7 November) welcomed a German initiative to unblock proposals for a common bank deposit guarantee scheme in the eurozone, but questioned Berlin's request to ask additional capital buffers in return for banks holding sover...

Komentarji so izklopljeni za German plan brings ‘new impetus’ to banking union, Eurogroup says

Scholz’s proposal to complete EU banking union greeted with cautious optimism 

By |november 7th, 2019|Banking union, EDIS, European Deposit Insurance Scheme, News, Olaf Scholz|

European decision makers welcomed on Wednesday (6 November) German finance minister Olaf Scholz’s attempt to unlock the European Deposit Insurance Scheme (EDIS) proposal, but warned of the long process still ahead to reach an agreement.

Komentarji so izklopljeni za Scholz’s proposal to complete EU banking union greeted with cautious optimism 

Amid Brexit and trade wars, European industry faces economic gloom

By |november 5th, 2019|Bruno Le Maire, Die Welt, European industry, France, Germany, Markit, News, Olaf Scholz, Peter Altmaier, Purchasing manager's index, Spain|

The eurozone's manufacturing sector contracted for the ninth consecutive month in October, based on the latest Purchasing Managers' Index (PMI) calculated by the Markit firm. EURACTIV's partner La Tribune reports.

Komentarji so izklopljeni za Amid Brexit and trade wars, European industry faces economic gloom

France and Germany show unity in response to US-China trade war

By |september 20th, 2019|Airbus, Boeing, Bruno Le Maire, custom duties, France, Germany, international trade, News, Olaf Scholz, OMC, WTO|

Paris and Berlin are sticking together in the face of the American trade threat. Both countries want to do everything possible to avoid the introduction of new customs duties between Europe and the US. EURACTIV France reports.

Komentarji so izklopljeni za France and Germany show unity in response to US-China trade war

Germany ‘very sceptical’ about US mission for Strait of Hormuz

By |julij 31st, 2019|Germany, Iran, Iran nuclear deal, News, Olaf Scholz, SDP, United States, US sanctions|

Germany's Vice Chancellor and Finance Minister Olaf Scholz said on Wednesday (31 July) he was very sceptical about a request by the United States to join a military mission for the Strait of Hormuz.

Komentarji so izklopljeni za Germany ‘very sceptical’ about US mission for Strait of Hormuz