The government deficit of over 4% of GDP prompts the Commission to initiate an excessive deficit procedure against Austria. The Commission also threatens to withdraw funds from Romania.
By Table.Briefings
According to the latest Commission forecasts, the economic outlook is rather gloomy. However, the German infrastructure package should boost growth considerably.
By Table.Briefings
At the Eurogroup meeting in Brussels, the new German Finance Minister Lars Klingbeil emphasized the growth-promoting elements of the government's program. On the question of whether Germany will break the EU debt rules, he is playing for time.
By Table.Briefings
Over the weekend, Beijing sent signals of concern over the impact of the trade war. Meanwhile, Trump claimed to have spoken to Xi on the phone, which the Chinese side denied.
By Manuel Liu
A new institution modelled on the European Defense Mechanism is to be created to help Europe to arm itself faster and more cost-effectively and to create a single defense market.
By Table.Briefings
Consumer demand in China has fallen in recent years. A "special action plan" is now intended to remedy the situation. The document focuses on domestic consumption and childcare.
By Manuel Liu
Neighboring countries could also benefit from the debt-financed spending plans of the CDU/CSU and SPD, says the Irish Finance Minister. However, whether the Greens will agree to the amendment to the Basic Law is still completely open.
By Till Hoppe
Despite pressure from Germany, the EU Commission wants to stick to the current EU fiscal rules and allow additional defense spending via the escape clause.
By Table.Briefings
A large majority of heads of state and government welcome the Commission's proposals to rearm Europe. Only Hungary opposed the support for Ukraine.
By Table.Briefings
The Commission aims to encourage member states to increase defense spending through subsidized loans and a limited relaxation of EU debt rules. In Berlin, the potential coalition partners agree to exempt defense spending from the debt brake.
By Table.Briefings
