Germany Freezes Government Spending as Budget Crisis Deepens
The government, scrambling to fill a budget gap in the wake of a court ruling, said it would halt future spending commitments. | Date: | |
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Germany freezes new budget spending after top court ruling
Measure likely to affect €8bn in funding Berlin had pledged for Ukraine next yearNov. 21, 2023 - ft.com - UK homepage -
Germany Freezes Public Spending in New Setback for Europe
The move, which follows a constitutional court ruling, complicates Europe’s recovery and rearmament plans as the region battles climate change and geopolitical threats.Nov. 21, 2023 - online.wsj.com - WSJ.com: World News -
Fear and anger rise in Germany over handling of budget crisis
Der Spiegel accuses Scholz of ‘leading country into chaos’ as MPs scramble to plug €60bn shortfall. The German government is struggling to find a way out of a billion euro budget crisis that risks stifling its vision for environmental and ...7 hr ago - theguardian.com - The Guardian -
Germany to pay into climate funds despite budget crisis
Foreign minister Annalena Baerbock says country will fulfil its international obligations17 hr ago - ft.com - World - Climate -
Germany to Override Debt Limit to Resolve Budget Crisis
Chancellor Olaf Scholz pledged financial support for economic modernization and Ukraine, but will need backing for new borrowing to fill a spending gap.Nov. 28, 2023 - nytimes.com - NYT > World News -
Germany is having a budget crisis while the economy struggles
German Chancellor Olaf Scholz has vowed that his government will work “as fast as possible” to solve a budget crisisNov. 28, 2023 - abcnews.go.com - ABC News: International -
Germany Announces Special Budget to Avert Crisis
Germany could be forced to suspend a constitutional law that limits borrowing, after court ruling upended Chancellor Olaf Scholz’s spending plans and threw his government into chaos.Nov. 27, 2023 - nytimes.com - NYT > Business -
Germany Announces Special Budget to Avert Crisis
Germany could be forced to suspend a constitutional law that limits borrowing for a fourth consecutive year, after court ruling upended Chancellor Olaf Scholz’s spending plans and threw his government into chaos.Nov. 23, 2023 - nytimes.com - NYT > World News -
China's property sector needs more government support as crisis deepens
China's property market, which makes up a substantial chunk of the country's economy, needs more government support to prevent further deterioration, analysts said.Nov. 21, 2023 - cnbc.com - US Top News and Analysis - China -
Germany froze public spending for the rest of the year after a court found the government's spending plans were unconstitutional.
Germany froze public spending for the rest of the year after a court found the government’s spending plans were unconstitutional.Nov. 22, 2023 - online.wsj.com - WSJ.com: World News -
Germany's leader vows to fix a spending crisis that's worsening gloom in the struggling economy
Nov. 24, 2023 - yahoo.com - Yahoo News - Latest News & Headlines -
China's Retail Spending Picks Up, as Housing Slump Deepens
Consumption is strengthening, but economists called for policy makers to do more to support the momentum.Nov. 15, 2023 - online.wsj.com - WSJ.com: World News - China -
Hospitals in north Gaza stop functioning as humanitarian crisis deepens
Gaza health ministry says a mass grave has been dug outside al-Shifa hospital as calls grow for Israel to exercise restraintNov. 14, 2023 - ft.com - World -
Russian production chains not destroyed yet but crisis deepens – Ukraine's Defence Intelligence Chief
Nov. 14, 2023 - yahoo.com - Yahoo News - Latest News & Headlines - Ukraine -
Pakistan’s expulsion order deepens the Afghan crisis
Islamabad needs to reverse course, but the west has responsibility tooNov. 12, 2023 - ft.com - World - Pakistan -
Erdoğan hits out at constitutional court as judicial crisis deepens
Feud centres on ruling last month to release opposition lawmaker Can AtalayNov. 10, 2023 - ft.com - UK homepage -
ISW: War against Ukraine deepening identity crises within Russian society
Nov. 7, 2023 - yahoo.com - Yahoo News - Latest News & Headlines - Ukraine -
Germany’s €60bn budget hole
Court ruling leaves German Chancellor Olaf Scholz in a bindNov. 29, 2023 - ft.com - World - Germany -
How Germany’s ‘debt brake’ broke the budget
Government in disarray after top court insists it abide by constitutional restrictions on public deficitsNov. 23, 2023 - ft.com - UK homepage -
Putin approves Russian budget with record spending on prolonging war – ISW
Nov. 29, 2023 - yahoo.com - Yahoo News - Latest News & Headlines - Russia -
Putin signs Russia's largest national budget, bolstering military spending
Nov. 27, 2023 - yahoo.com - Yahoo News - Latest News & Headlines - Russia -
German parliament cancels 2024 budget vote amid political crisis
Bundestag committee postpones poll indefinitely following constitutional court ruling against coalition’s spending plansNov. 22, 2023 - ft.com - UK homepage - Germany -
Russia's parliament approves budget with a record amount devoted to defense spending
Russia's parliament has approved a federal budget that increases spending by around 25% in 2024-2026 and devotes a record amount to defenseNov. 22, 2023 - abcnews.go.com - ABC News: International - Russia -
Russian parliament passes record budget, boosting defense spending
The lower house of Russia’s parliament has approved a federal budget Friday that increases spending by around 25% in 2024 and devotes a record amount to defenseNov. 17, 2023 - abcnews.go.com - ABC News: Top Stories - Russia -
A record Russian budget will boost defense spending, shoring up Putin's support ahead of election
Nov. 15, 2023 - yahoo.com - Yahoo News - Latest News & Headlines - Russia