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25 Mar 22
The German government has allocated close to €17bn to help mitigate pressures from soaring energy prices, including cuts to fuel duty.
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4 Jan 22
Germany’s new coalition government will give people and businesses “well over €30bn” of tax breaks while keeping the country tied to fiscal balance, its finance minister has said.
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25 Nov 21
German finance minister Olaf Scholz is set to become chancellor after agreeing a ‘traffic light coalition’ deal comprising three parties and setting out the new government’s priorities.
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1 Nov 21
German political parties’ continuing support for the country’s debt brake rule has contributed to rating agency Fitch maintaining its AAA judgement of Europe’s largest economy.
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15 Oct 21
Top economists have revised down Germany’s growth forecast for this year, due to manufacturing bottlenecks and the impact of Covid-19 on services.
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28 Sep 21
German finance minister Olaf Scholz is trying to form a government after his party narrowly won the German elections. PFF takes a look at what a Scholz premiership could mean for German fiscal policy.
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22 Jul 21
The German government has allocated an initial €200m to help with immediate assistance to regions affected by recent floods.
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24 Jun 21
Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
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20 May 21
Germany’s highest court has rejected latest attempt to block the European Central Bank from buying sovereign bonds, bringing an end to a six-year legal battle.
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7 Apr 21
The coronavirus pandemic saw Germany’s public sector deficit reach €189bn last year, the largest budgetary gap since its reunification in 1990.
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25 Mar 21
Germany will ignore its debt ceiling for the second year running after approving its 2021 federal budget.
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4 Feb 21
Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
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20 Nov 20
Germany should not let its rising debt stop it from taking “vigorous policy action” to mitigate the economic effects of Covid-19, the IMF has said after a visit to the country.
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17 Nov 20
Germany’s inaction in fighting fraud in online sales has been blasted as “incomprehensible” by the country’s state audit office president – given the amount of money spent over the internet.
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29 Sep 20
The economic and health crises caused by Covid-19 led Germany’s overall public debt to its highest ever level in the first half of 2020, the country’s official statistics bureau Destatis has...
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20 Aug 20
Universal basic income is to be trialled in Germany in an experiment to find out what effects it has on people’s lives.
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24 Mar 20
Germany has announced €156bn of new spending to fight the economic effects of the coronavirus.
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14 Jan 20
Germany recorded its largest ever budget surplus in 2019, the ministry of finance has announced.
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26 Nov 19
The German economy is set to grow slightly this quarter as business confidence improves, the Ifo Institute for Economic Research has said.
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14 Nov 19
Germany has narrowly avoided a technical recession after its economy grew by 0.1% in the last quarter.
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11 Nov 19
Germany’s coalition partners have reached an agreement on a pensions issue that threatened to derail the country’s government.
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8 Nov 19
German exports grew in September, data released today has shown, calming long-standing fears of Europe’s biggest economy entering a technical recession.
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7 Oct 19
The German government has announced a €54bn package to meet its climate change targets in a way that is both “economically sustainable and socially equitable”.
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11 Sep 19
Germany’s economy is “on the brink of recession”, researchers have warned.
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28 Aug 19
Brexit has been the main factor in weakening German exports this year, new data has reportedly shown.