DW Business - News July 12, 2024
Good to have you with us here is a Member States planned to go deeper into the red than ever before this year to counter the pandemic draft budget plan sent to the European Commission indicated the 19 countries bloc will slide to an aggregate fiscal deficit of close to one trillion euros earlier this year the Commission Suspended to the block stability and growth pact and nord a 750000000000 euro joint Borrowing Program to help the hardest hit Member States pay for the economic damage being done by the pandemic but germany has so far been in a fairly good position both in controlling the pande...