The debt brake was added to Germany’s Constitution after the country’s budget deficit grew during the 2008 financial crisis ... government debt helped drive hyperinflation in the Weimar ...
“Since the global financial crisis, the eurozone has relied almost exclusively on the European Central Bank [ECB] for economic stimulus,” said Samsung Securities researcher Heo Jin-wook. “Germany’s ...
EU governments are facing a double whammy of higher debt servicing and borrowing costs as a result of Germany's decision ... at the height of its political crisis last year. Meanwhile, Italy ...
Germany's last government collapsed late in 2024 because of disagreements over loosening debt restrictions brought in by Chancellor Angela Merkel's government during the financial crisis in 2009.
03/13/2025 March 13, 2025 With a massive €1 trillion debt-financed twin package for defense and infrastructure, Germany’s new government aims to future-proof the country in the years ahead ...
This is an astonishing volte-face from the country that preached hardline austerity for countries such as Greece and Italy during the eurozone debt crisis. In recent years, it was often ...
Germany has long been cautious about defence spending, not just for historical reasons dating back to 1945, but also due to the global debt crisis of 2009. But despite fears the vote would be ...
Strike action grounded thousands of flights in Germany on Monday, including all connections to and from Berlin, as the service sector union called on workers to walk out for better pay.
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