– The author Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies and at the Institute for Overall Analysis of the Economy, Linz. – – – – – In the last months of 2020, the EU issued its first Covid-related bonds. The money raised by the EU Commission on the financial … Read more
Germany New borrowing Corona crisis will burden national budgets for decades – – Status: 5:51 a.m. | Reading time: 3 minutes – – – The pandemic has driven up new indebtedness in the countries Source: dpa / Michael Kappeler – – The corona pandemic could be overcome within the next year. But the federal states … Read more
– An investment program with 500 billion euros by 2030 is necessary, said Kindler. “In times of historically low interest rates, we want to reform the debt brake so that future net investments can be financed through loans.” The state could afford to fight the pandemic. It is extremely dangerous that some in the Union … Read more
– Specifically, Italy initially received 10 billion euros, the first tranche of a committed sum of 27.4 billion. Spain initially received 6 out of 21.3 billion and Poland received 1 billion out of 11.2 billion. A total of 87.9 billion euros has been agreed to be paid out to 17 countries under Sure. The lid … Read more
Since the financial crisis, Germany has written in the Basic Law to curb new debt – the debt brake has been introduced. But how does it even work? The corona virus shakes Germany’s budget. For a long time, the principle of the “black zero” applied, so the state should not spend more than it earns. … Read more