Germany is heading for its largest deficit since the reunification between the east and west three decades ago due to the ...
Long before U.S. bank chiefs like Jamie Dimon were warning about the consequences of a debt-related cliff edge, the famously prudent German government was erecting statues showing their commitment to ...
BERLIN (Reuters) -German debt is expected to increase to 80.25% of gross domestic product by 2029 from 62.5% last year due to a rise in defence and infrastructure spending, according to the country's ...
About the author: American Enterprise Institute senior fellow Desmond Lachman was a deputy director in the International Monetary Fund’s Policy Development and Review Department and the chief emerging ...
(Reuters) -A global selloff in government bonds due to concerns over high debt and bond sales has not left the euro zone unscathed, but Germany's growing safe-haven status should shield the bloc from ...
Desmond Lachman took part in an International Economy Symposium of Views. In these troubled economic times, the one thing to be optimistic about is Germany’s recent decision to lift its debt brake. In ...
Germany's central bank on Friday slightly lowered its growth forecast for next year in Europe's largest economy, predicting a ...
FRANKFURT, Germany (AP) — The two political parties expected to form the next German government have agreed to loosen the country’s constitution restrictions on borrowing, enabling 1 trillion euros ...
Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a massive increase in government investment in the military. The boost in ...
BERLIN (AP) — Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans. Finance ...