Tag: Finance
Towards a two-thirds majority for the financial package, party leaders
(de-news.net) Prior to the Bundestag’s vote on the financial package, efforts are being made by the Union parties as well as the SPD in the Bundestag to secure the two-thirds majority that is the prerequisite for a constitutional amendment among their respective parliamentary members. Friedrich…
Current Bundestag competent to pass financial package
(de-news.net) – The current Bundestag retains the authority to vote on the constitutional amendment concerning the proposed financial package. The Federal Constitutional Court dismissed urgent motions filed by the Left Party and the AfD, reasoning that the current legislative term only concludes with the convening…
Agreement reached with the Union parties and the Greens: SPD satisfied
(de-news.net) – The SPD expressed satisfaction with the agreement reached with the Union parties and the Greens, which permits an exemption from the debt brake for security expenditures, a credit-financed special fund for infrastructure and climate protection, and minor debt acquisition by federal states. Lars…
Black-red deal with the Green Party regarding infrastructure and climate as well as defense
(de-news.net) – The CDU/CSU and SPD have reached an agreement with the Green Party on a financial package involving significant expenditures on defense and infrastructure. CDU leader Friedrich Merz outlined the agreement, which includes 100 billion euros from a special fund for infrastructure, aimed at…
Financial package met with opposition criticism, but backed by CDU and SPD
(de-news.net) – The Bundestag convened for a special session on Thursday to deliberate on a proposed debt acquisition proposed by the CDU/CSU and SPD, aimed at defense and infrastructure. The debate was marked by controversy and emotional exchanges on the sense and size of the…
Debt package: convergence of the Union parties and the SPD with the position of the Greens
(de-news.net) – Efforts to reach an agreement with the Green Party on a debt solution for defense and infrastructure have led to a potential compromise. SPD and CDU/CSU representatives said they were amenable to the Greens’ idea of expanding the definition of defense to cover…
Taxpayers call for a leaner federal administration
(de-news.net) – The Taxpayers’ Association has advocated for a comprehensive reassessment of one-third of the positions within federal ministries, urging the Union and SPD to implement significant reductions in staffing levels across these institutions. Media reports indicate that the association’s president, Rainer Holznagel, has called…
Special fund rejected by the Green Party
(de-news.net) – The Green Party has rejected the CDU/CSU and SPD’s proposed financial package under current circumstances. Members are advised by the party’s leaders to oppose the special fund as well as the constitutional amendment. The Greens call on the CDU/CSU and the SPD, most…
Green Party still for a comprehensive reform of the debt brake
(de-news.net) – Following the agreement between the Union and SPD on a new financial package for defense and infrastructure, the Green Party has expressed its intention to review the proposals while emphasizing the necessity of a comprehensive reform of the debt brake. Green Party leader…
Constitutional amendments as to infrastructure soon to be confirmed, reforms to planning laws proposed
(de-news.net) – Following the agreement between the Union and SPD on a 500-billion-euro special fund for infrastructure modernization, additional demands have emerged from the Union. Christoph Ploß, a CDU/CSU parliamentary representative on the Bundestag’s Transport Committee, emphasized that reforms to planning laws would be essential…
Huge financial package agreed upon by the Union parties and the SPD
(de-news.net) – The CDU/CSU and SPD have agreed on a multi-billion-euro financial package during coalition talks, as announced by party leaders Friedrich Merz (CDU), Markus Söder (CSU), Lars Klingbeil and Saskia Esken (both SPD) in Berlin. The plan includes exempting defense expenditures exceeding 1 percent…
Bundesbank proposes reform of Germany’s federal debt brake
(de-news.net) – The Deutsche Bundesbank has proposed a reform of Germany’s federal debt brake, contingent on Germany’s debt ratio remaining below 60 percent, according to media reports. If the debt ratio stays below 60 percent, the federal and state governments could borrow up to 220…
