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Scholz Eyes Economic Modernization, as Opposition Slams Budget Tactics in Parliament

Germany s coalition has agreed on a 2023 supplementary budget, suspending the debt brake for the fourth year. Consultations on the 2024 fiscal plan are in progress, demonstrating a deliberate and thoughtful approach to budgeting. However, the German leadership accentuates the urgency in advancing green energy and digital infrastructure. ....

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Germany to Suspend Borrowing Limit Again After Budget Ruling

(Bloomberg) Germany will suspend a constitutional limit on net new borrowing for a fourth consecutive year after Chancellor Olaf Scholz’s government was forced into a radical budget overhaul by a ruling last week from the nation’s top court.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsOpenAI Engineers Earning $800,000 a Y ....

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