Financial Insights That Matter BERLIN, March 12 (Reuters) – Germany Finance Minister Christian Lindner said on Sunday he wanted to tackle expenditure in the 2024 budget to fix the country’s structural deficit that had resulted from the COVID-19 pandemic and the energy crisis. Lindner said he had informed Chancellor Olaf Scholz on Wednesday that he […]
Financial Insights That Matter The credibility of Germany’s public finances has suffered due to the creation of special investment funds worth hundreds of billions of euros and they should be restored to the regular budget, according to the OECD. After Russia invaded Ukraine last year, Chancellor Olaf Scholz’s ruling coalition created a €100 billion ($110 […]
Financial Insights That Matter Not doing so, he warned, could put Germany in “danger” of falling behind international competition. Germany being in a recession also spells trouble for the eurozone and wider European Union, which are hugely dependent on the humming engine of the country’s vast industries. Lindner and his FDP argue Germany has no […]
Financial Insights That Matter Germany has been Europe’s economic engine for decades, pulling the region through one crisis after another. But that resilience is breaking down, and it spells danger for the whole continent. Decades of flawed energy policy, the demise of combustion-engine cars and a sluggish transition to new technologies are converging to pose […]
Financial Insights That Matter Intel has reached a deal with Germany to invest $33 billion in a new semiconductor manufacturing plant. Yahoo Finance tech editor Dan Howley joins Yahoo Finance Live to discuss Intel’s growth plans. – Well, taking a look at Intel. It’s signed a mere $3.33 billion deal with Germany to build a […]
Financial Insights That Matter This article will look at the 15 best places to retire in Germany. If you wish to skip our detailed analysis on retiring to Germany, you may go to 5 Best Places to Retire in Germany. On average, Americans need an estimated $1.8 million to retire comfortably, according to a new […]
Financial Insights That Matter ESSEN, Germany (AP) — For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports. Jobs were plentiful, the government’s financial […]
Financial Insights That Matter BERLIN, GERMANY – NOVEMBER 15: German Finance Minister Christian Lindner gives a statement to the media at the Chancellery following the weekly government cabinet meeting on November 15, 2023 in Berlin, Germany. The topic was a ruling by the German Constitutional Court declaring that the coalition government’s shift of federal money […]
Financial Insights That Matter Germany’s Finance Minister Christian Lindner plans cuts in areas including unemployment payments to close the €17 billion ($18.5 billion) gap in the country’s 2024 budget, according to Funke Mediengruppe. “We will have to deal with three major cost blocks,” he told Funke newspapers in an interview published Saturday. Lindner, who leads […]
Financial Insights That Matter Skyrocketing interest rates around the globe have culminated in a worldwide housing crisis as economies deal with the problem of burgeoning unaffordable housing. Germany, Europe’s largest economy, has been dealing with slower construction amid stagnant demand, causing the property market to shrink rapidly. “The homebuilding or construction sector is the first […]