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German bond investors bet on an end to Berlin’s ‘debt brake’
Scholz, a social democrat, demanded his finance minister Christian Lindner, leader of the fiscally hawkish FDP party, suspend the debt brake to allow for more aid to Ukraine. Lindner refused, so Scholz sacked him. The FDP then quit the government.
Debt brake reform is possible, German finance minister says
Jörg Kukies, German finance minister, discusses the country's debt brake policy and plans for Germany's 2025 budget in a panel with CNBC's Annette Weisbach.
Germany considers reforming debt brake amid economic challenges
New German finance minister Joerg Kukies said on Friday that a moderate and targeted reform of the debt brake, which limits the public deficit to 0.35% of gross domestic product, was being discussed.
1d
Scholz is clear to seek a 2nd term as German leader after defense minister rules out a run
Germany’s popular defense minister has taken himself out of contention to become the country’s next leader, clearing the way ...
1d
German economy grew less than expected in Q3, statistics office says
Germany's economy grew less than previously estimated in the third quarter, the statistics office reported on Friday, in ...
Bloomberg L.P.
1d
German Private Sector Slides Deeper Into Contraction on Services
The contraction in Germany‘s private-sector activity worsened in November, dealing another blow to an economy that’s now ...
20h
on MSN
German auto supplier Bosch to cut 5,500 jobs in further sign of carmakers' woes
Germany's technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many ...
1d
German industrial body expects 3% drop in production this year
German industry expects a 3% fall in production in 2024, the third year of decline, with no recovery in sight for 2025, the ...
Opinion
4d
on MSN
Opinion
German Government Collapse Is a Bad Sign for Europe | Opinion
The fall of Germany's coalition government exposed deep cracks. The stalling German economic engine signals the end of an era ...
2d
Should Olaf Scholz Step Aside in the New Race for German Chancellor?
Increasing numbers in his own center-left party say he should, arguing for a more charismatic leader who might better their ...
21h
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
FRANKFURT, Germany -- German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology.
Politico Europe
1h
Trump was ‘obsessed’ by too many German cars in New York, Merkel claims
In interview with Corriere della Sera, former German chancellor also suggests her country’s legendary “debt brake” is ...
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