Goldman Sachs raised its economic growth forecast for Germany this year, citing the prospect of increased military and infrastructure spending, and also upgraded the growth estimate for the broader Euro area.
Germany's planned 500 billion euro ($539.90 billion)infrastructure fund will boost sentiment in the construction industry in the country, Geberit Chief Executive Christian Buhl said on Thursday.
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The two political parties expected to form the next German government have agreed to significantly loosen the country’s constitutional restriction on deficits, enabling 1 trillion euros ($1.08 trillion) or more in new borrowing and spending on defense and infrastructure.
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LGBTQ Nation on MSNGermany issues travel warning about the US due to restrictions on trans peopleIt has become easier for trans people to update legal documents in Germany, which may make it harder for them to enter the United States.
A surge of demand caused by the war in Ukraine has made defence firms stars among Germany’s listed companies. Their share prices have leapt. Announcements on March 4th by Friedrich Merz, set to become Germany’s next chancellor,
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The prospective partners in Germany’s next government say they will seek to loosen the nation’s rules on running up debt to allow for higher defense spending.
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Germany Loosens Fiscal Chains to Transform European Defense
Euro’s Prospects Could Improve on German Fiscal Plans
The euro rose against the dollar and its prospects could improve if Germany’s fiscal spending plans lead to eurozone growth.
Germany's likely next government seeks higher defense spending
Germany's likely chancellor-to-be announces a political deal to raise hundreds of billions of euros in extra spending.
Germany's antitrust watchdog said it was investigating the impact of price information services provided by Argus Media and S&P Global on the oil wholesale market, after an initial investigation raised pricing and competition concerns.
The incredible thing about Germany’s finances is that planned extra spending of about $1 trillion still would put them as having the lowest debt-to-gross domestic product of the Group of Seven nations,
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