German government to agree budget fixes as way out of crisis
Germany's ruling coalition is expected to agree on a supplementary budget to temporarily lift borrowing limits after a constitutional court ruling disrupted the government's spending plans. The budget will suspend Germany's debt brake for the fourth year in a row as Chancellor Olaf Scholz's government navigates a crisis that has led to concerns about growth and an industry exodus. The court ruling has raised questions about Germany's traditionally strict fiscal policy.
from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/FYVS2j5
from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/FYVS2j5
Comments
Post a Comment