Michael Huether News Today

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.

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...

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...

Germanys 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 Europes largest economy,... -December 13, 2023 at 11:15 am EST - MarketScreener

Maximilian Hermanns weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps.

Maximilian Hermanns weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps. Like all his colleagues, the 29-year-old project manager shifted to a four-day week at the beginning of the year and is making ..

Maximilian Hermann's weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps.Among the pioneers of the four-day week is Hermann's employer KlimaShop, a purveyor of heat pumps and air-conditioning systems based near Augsburg in southern Germany.

Maximilian Hermann's weekend starts on Friday morning when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German...

One of the perks of living a long time is seeing what has become of the people you had contact with throughout the years. I can’t help but think of

Germany's public debt increased by 25 billion euros ($24 billion) in the second quarter (Q2) of 2022 to 2.34 trillion euros, the Federal Statistical Office (Destatis) has said.While government debt fell slightly at the start of the year, ...