Browsing Tag
Debt
100 posts
Debt Brake Reform Delayed
The German Finance Minister, Lars Klingbeil, has granted the expert commission tasked with reforming Germany’s debt brake significantly…
Youth Debt Crisis Looms
Consumer advocates are raising concerns about a growing trend of debt accumulation among young people, particularly linked to…
Debt Exit Plan Needed Warns Top Economist
As the German Bundestag prepares for its annual budget week, Christian Haase, the parliamentary group’s spokesperson for budgetary…
No Debt Brake Overhaul Needed
CDU Official Downplays Need for Significant Changes to Germany’s Debt Brake A senior official within the Christian Democratic…
Lefts Predict German Debt Brake Reform Will Fail
Heidi Reichinnek, leader of the Left Party’s parliamentary group, anticipates the coalition government’s proposed reform of the debt…
Merz Pledges Swift Action on City Debt Relief
Municipal authorities in North Rhine-Westphalia have expressed satisfaction with the federal government’s commitment to addressing accumulated municipal debt…
Germany’s Creditworthiness Remains Strong Despite Debt
Germany’s creditworthiness remains robust despite increasing national debt, according to a senior Bundesbank official. Michael Theurer, a member…
Debt Brake Panel Begins Work September 11
A commission tasked with modernizing Germany’s debt brake rule is scheduled to hold its inaugural meeting on September…
Opposition Delays Debt Brake Reform Decision
The parliamentary group of the Christian Democratic Union (CDU) and Christian Social Union (CSU) has indicated uncertainty regarding…
Police Demand Debt Rule Exception for Security
As Germany prepares for the unveiling of Federal Finance Minister Lars Klingbeil’s 2026 budget proposal, the Police Union…
German Debt Rises Above 30000 Per Person
According to finalized data released Tuesday by the Statistical Federal Office (Destatis), Germany’s public aggregate budget accumulated a…
Debt Rules Reform Faces Hurdles
Negotiations surrounding a potential reform of Germany’s debt brake are encountering hurdles, with the parliamentary group leader of…
Germany Urges Swift Debt Brake Reform
A swift and decisive process is being urged for the reform of Germany’s debt brake, as outlined in…
Debt Brake Reform Faces Doubts
Government officials are signaling potential difficulties in implementing a planned reform of Germany’s debt brake, a constitutional rule…
Debt Brake Experts Ready To Launch
Preparations are now complete for the establishment of a commission tasked with developing proposals for reforming Germany’s debt…
Wegner Calls for Debt Brake Overhaul
The need for a reform of Germany’s existing debt brake is gaining traction, with various political factions expressing…
Germany Exceeds Debt Rules with Massive Surplus
The German government has exceeded its debt-brake stipulations in 2024, according to provisional figures released by the Federal…
Ifo Urges Prudent Use of Massive Debt
The head of the Ifo Institute in Munich, Clemens Fuest, is urging the German government to deploy the…
Debate Rises Over Germany’s Debt Brake
Political leaders are increasingly focused on reforming Germany’s “debt brake” (Schuldenbremse), a constitutional rule limiting government borrowing. Vice…
Conservative Party Backs Debt Brake Reform
Negotiations surrounding a reform of Germany’s debt brake (Schuldenbremse) remain on track, according to leading figures from the…
Left Party Open to Debt Brake Talks
Following pressure from Federal Finance Minister Lars Klingbeil (SPD) regarding the reform of the debt brake, as stipulated…
Debt Brake Reform Sparks Coalition Tensions
Disagreements have emerged within the German governing coalition regarding proposals for reforming the country’s debt brake, according to…
Baden-Württemberg Minister Slams Debt Plan
The Finance Minister of Baden-Württemberg, Danyal Bayaz of the Green Party, has expressed concerns regarding the federal government’s…
Public Debt Rises in First Quarter
Preliminary data released Tuesday by the Statistical Federal Office (Destatis) indicates a rise in Germany’s public debt. As…
Germany Debates Debt Brake Reform Healthcare Funding Concerns
Concerns are being raised regarding the proposed funding model for Germany’s healthcare and long-term care insurance systems. Verena…
Wüst Fault Lack of Progress on Old Debt Relief
North Rhine-Westphalia Premier Hendrik Wüst (CDU) has expressed disappointment regarding the lack of detailed agreements reached in Berlin…
Germany’s Debt Manageable Says Economist
Financial Advisor Assesses Germany’s Debt Capacity Jens Südekum, an economics professor and advisor to Finance Minister Lars Klingbeil,…
Young Union Members Criticize New Debt
The chairman of the “Young Group” within the parliamentary group of the CDU/CSU has cautioned against the consequences…
Shocking Statistics Reveal the Harsh Reality of Aging with a Heavy Load of Debt
A new report from the German Federal Statistical Office (Destatis) has shed light on the debt levels of…
Dax’s Winning Streak in Jeopardy as US Debt Looms Large
30 am, a 0.5% increase from the previous day’s close. The market is currently driven by the United…
MARKET MELTDOWN: US Stocks Plummet as Debt Crisis Looms
US Stocks End Lower Amid Trade Tensions and Fiscal Concerns The US stock market closed in the red…
France Pushes for European Debt to Finance Defense Amid Economic Shift
The French government is calling for more ambitious steps to address defense financing on a European level. As…
Left Party Leader Sees Union Separation Over, Calls for Debt Brake Reform
Linken-Chefin Ines Schwerdtner considers the Union’s separation from her party since the day of the Chancellor election as…
The Left: Ready to Cooperate on Debt Brake and Judges’ Elections with Union
Heidi Reichinnek, the chairwoman of the Left Party, has suggested to the Union to cooperate on the reform…
Germany Excludes Russia, Belarus from War’s End Commemoration, Ignoring Historical Debt
The German Bundestag has decided not to explicitly invite the Russian and Belarusian ambassadors to the commemoration event…
Russia’s Debt Reminders and Genocide Anniversary Push
Since April 9th, 2025, the burning of Chatyn in Belarus, the siege of Leningrad, the execution of hundreds…
BILLION-DOLLAR BAIT: Taxpayers Swindled into Paying the Price for Germany’s Record Debt
Germany’s parliament has approved a massive fiscal package, with the country’s president, Frank-Walter Steinmeier, signing the bill into…
Germany’s Debt Brake Lifted, Ukraine Conflict to Escalate?
Deutsche lawmakers have lifted the debt brake, allowing the government to spend more than it earns. The country…
Debt Deal’s Hidden Consequences Revealed
Aiwanger States Agreement on Debt Package to Prevent SPD Involvement in Bavarian Government The head of the Free…
BREAKING: Top Judge Blasts Debt Brake Reform as ‘Constitutional Coup’ – ‘States Will Be Reduced to Provinces’!
A former German Federal Constitutional Court judge, Peter Huber, has deemed the planned constitutional amendment to relax the…
Billion-Euro Blunder: The Hidden Debt Bomb Waiting to Explode?
In the face of constitutional changes and planned billion-dollar investments in infrastructure, the former Haushaltsstaatssekretär Wolf Heinrich Reuter…
A Trillion-Dollar Debt Bomb
The German Bundestag has passed a record-breaking bill of €500 billion, a move that has sparked widespread criticism…
Debt Bomb Looms Large?
A Bundesbank Executive Expresses Concern Over Proposed Constitutional Amendments for Large-Scale Borrowing. Although “additional expenditures for defense and…
Debt Brake Not Dead, But Infrastructure Strategy Needed
Economic expert Clemens Fuest, head of the Institute for Economic Affairs (Ifo), has called for a strategy to…
BREAKING: Germany’s Debt Bomb Just Got a Whole Lot Bigger
A German parliament, the Bundestag, has given the green light for a black-red debt package. In a nameless…
Bundestag in Chaos as AfD and FDP Block Debt Package Vote
A special session of the German Bundestag to discuss the black-red debt package has stalled due to the…
Will the Debt Brake Reform Save the Country for Future Generations?
A German Bundestag member, Hanna Steinmüller of the Green party, has expressed the opinion that the debt brake…
Debt Package Must Pass Tomorrow
Berlin, Germany – The Federal Minister of Development, Svenja Schulze of the Social Democratic Party (SPD), expressed confidence…
One Rebel’s Stand Against the Debt Package
German politician Canan Bayram, a member of the Bundestag for the Greens, announced that she will vote against…
War Loans and the True Face of the Debt Brake?
The Union and the SPD are pushing to allocate a massive sum, equivalent to almost the entire federal…
BILLION-DOLLAR BETRAYAL: Parliament in Shambles as Debt Bombshell Rocks Germany
The German government has recently taken a significant step, passing a trillion-euro debt plan in the outgoing Bundestag.…
BOND MARKET PANIC ERUPTS AS DEBT CRISIS LOOMS!
Germany’s Fiscal Policy Shift Has Global Consequences In a historic shift, the German government has announced a special…
EU’s Rearmament Plan Built on Shaky Foundations of Debt
EU Commission President Ursula von der Leyen’s plan to increase military spending across the EU is not supported…
‘Frugal’ Leader Unleashes € Trillion Debt Bomb
Germany’s Future Government Plans to Boost Military and Infrastructure Spending, Raising Debt Concerns The future German government, comprising…
Debt Dilemma: CDU’s Financial Fiasco Exposed?
A potential rift within the CDU has emerged after the party’s agreement with the SPD on a massive…
Debt Brake Loosened, 500 Billion Euro Infrastructure Fund Unveiled
A coalition of the CDU and SPD plans to propose a constitutional amendment in the upcoming week to…
Economist Warns: Germany on the Brink of Financial Disaster with New Debt Plans
A German economist, Veronika Grimm, has warned the CDU leader, Friedrich Merz and the Union against hastily introducing…
BREAKING: Germany’s Greens Slam ‘Patchwork’ Budget Plans, Push for Debt Brake Reform
A German politician, Sven-Christian Kindler, the budget policy spokesperson of the Greens’ parliamentary group, has rejected the idea…
Will Germany’s Unlikely Coalition Unravel the Debt Brake?
Berlin, Monday – The second round of soundings between the Union and the SPD has come to a…
Can the Country Break Free from the Shackles of Debt?
A senior government official in the German state of North Rhine-Westphalia, Mona Neubaur of the Green party, has…
Merz’ Debt Brake Cancellation Sparks EU Crisis?
German Greens Criticize CDU Leader’s Proposal for Bundeswehr Funding The German Greens have strongly criticized CDU leader Friedrich…
Majority Calls for Loophole in Germany’s Debt Rules
A clear majority of citizens, according to a study by the Institute of the German Economy (IW), support…
Dax Soars to New Heights as Investors Bet Big on Debt Brake Exit
The Dax index started the trading day on Wednesday with gains. By around 9:40 am, the leading index…
Municipalities Demand ‘Swift’ Debt Brake Reform as Financial Crisis Looms
In the face of considerations to reform the debt brake with the old Bundestag’s majority, local governments are…
Will the Old Bundestag Sacrifice the Debt Brake for a Military Boost?
Finance Minister Jörg Kukies of the SPD is pushing for rapid discussions on a constitutional amendment for new…
FDP Warns of ‘Debt Brake’ Abolition
A German politician, Christian Dürr, has expressed criticism over the idea of amending the constitution before the new…
No Talks on Debt Brake Reform, Merz’s Proposal a ‘Questionable’ Power Grab
Germany’s FDP Faction Unwilling to Discuss Debt Brake Reform Following the suggestion by CDU chief Friedrich Merz to…
MILITARY EMERGENCY: Germany’s Defense Minister Demands Debt Brake Exception for Armed Forces
Berlin, Germany – The Federal Minister of Defence, Boris Pistorius, has called on the Union and its faction…
Debt Brake Reform on the Brink of a Breakthrough?
A German Economist Sees a Quick Solution for the Debt Brake Reform Jens Südekum, an economist from Düsseldorf,…
Will He Bring Down the Debt Brake?
Former Thuringian Minister-President Bodo Ramelow can imagine cooperation of the Left with a federal government led by Friedrich…
Can the Debt Brake be Reformed?
Economist Veronika Grimm does not expect a relaxation of the debt brake in the new legislative period. “It…
Ifo Chief Warns of Debt Crisis and Inflation
A German economics expert, Clemens Fuest, has warned against solely relying on debt to finance necessary additional expenses.…
Germany’s Scholz Slams US VP’s ‘Toxic’ AFD Praise, Demands More Debt for Arms
German Chancellor Olaf Scholz has spoken out against the involvement of external forces in the country’s democratic processes,…
CDU’s Dobrindt Open to Overhaul of Federal-State Debt Cap
In a recent interview, Alexander Dobrindt, the head of the Christian Social Union’s (CSU) state group, expressed openness…
Ukraine’s Fate Hangs in the Balance as Merkel’s Successor Demands Swift Action on Debt Brake
In the face of US President Donald Trump and Russian President Vladimir Putin’s announced talks on the future…
Can Trump Defuse the Debt Crisis?
Von Rüdiger Rauls Markige Worte Trump legt los, und nichts scheint ihn aufhalten zu können. Vieles findet die…
BREAKING: Germany’s Kukies Unleashes 8.5 Billion Euro Shockwave to Erase Corona Debt!
The German Federal Minister of Finance, Jörg Kukies, initiated a one-time refund of 8.5 billion euros from the…
BILLIONAIRE CAUGHT: René Benko’s Empire of Debt and Deceit Crumbles!
The Kronen Zeitung reports that the founder of the Signa Holding, René Benko, was arrested on Thursday morning…
Germany’s Left Leans Left, Vows More Ukraine Aid Despite Debt Fears!
In the discussion about further military aid for Ukraine, Achim Post, the vice chairman of the SPD’s parliamentary…
GAS TRAP: Moldova’s Secret Debt to Gazprom Revealed!
Moldovagaz, a company majority-owned by Gazprom, acknowledges the historical debt of $709 million to Gazprom. This was stated…
BREAKING: Germany’s Debt Dilemma: Kabinet to Vote on Historic Municipal Debt Takeover!
The German federal cabinet is expected to approve a draft bill on the assumption of municipal old debts…
Last-Ditch Effort: Government Unveils Debt Relief Plan for Struggling Municipalities!
The German federal government has introduced a bill to amend the Basic Law, aiming to alleviate the municipal…
Russia and Japan Lead the Pack in Paying Off Foreign Debt!
G20 Countries’ Foreign Debt Sees Interesting Shift by End of 2024 A report by the RIA Nowosti news…
Trump’s Legacy of Debt?
Germany would have to increase its defense spending to five percent of its economic output as demanded by…
German Citizens Chip in to Pay Off €75,000 of National Debt!
Last year, 74,455.87 euros were deposited into the federal government’s debt redemption account, which citizens can contribute to,…
FDP’s Debt Brake Boondoggle?
FDP Parliamentary Group Chairman Christian Dürr believes the proposed tax reliefs by the Free Democrats are financeable without…
Debt Collection Goes Digital in 2025
Russian Courts to Collect Debts in Digital Rubles from January 1 Russia’s Federal Bailiff Service has announced that…
Debt Row Escalates
As of January 1, Gazprom, a Russian natural gas company, will cease all deliveries to Moldova. The decision…
‘America Will Go Bankrupt’ if Debt Crisis Isn’t Addressed
Elon Musk has warned that the US government will effectively go bankrupt if it fails to get its…
BREAKING: Germany’s Debt Brake on the Brink of Collapse!
German President of the German Association of Cities, Markus Lewe, supports a reform of the debt brake. “The…
SHOCKING Municipal Debt Bombshell! Kukies’ Proposal Could Send Local Finances into FREEFALL!
German Finance Minister Jörg Kukies (SPD) will present a proposal to take over the municipal old debts by…
FDP’s Plan to Erase the Debt Ceiling in Two Stages!
The FDP plans to reduce the remaining solidarity surcharge by 2.5 percent in the coming year and completely…
BRUSSELS BOMBSHELL: EU’s Debt Brake Set to Explode in a Fiery Fiscal Frenzy?
EU Commissioner Valdis Dombrovskis (EVP) has called for a relaxation of the debt brake in Germany to boost…
Broke Before 30: The Alarming Rise of Young Adults Drowning in Debt!
Due to the numerous crises, more and more people are no longer able to manage their household income.…
BREAKING: Shocking Debt Brake Reform Unleashed by SPD – Will Your Finances Survive the Crash?
The SPD is setting its sights on massive state investments and a reform of the debt brake in…
BREAKING: Skyrocketing Prices Spark Insidious Debt Bomb in the Making!
Rising living costs put more consumers in financial distress in Germany. “The number of over-indebted households will increase”…
BOMBSHELL: Municipalities Left in the Dark as Geywitz Demands Action on Long-Overdue Debt Rules!
German Federal Minister of the Environment Klara Geywitz (SPD) is pushing for a quick solution in the debate…
Four Billion Euro Debt Bombshell: Welfare Recipients’ Shocking Secret!
Beneficiaries of social allowance and basic security are deep in arrears at the job centers. As reported by…
Is the Catalan giant Barcelona going bankrupt?
Is the Catalan giant Barcelona going bankrupt? Barcelona are desperate to sign a €75m deal for Raphinha, but…