Holger Hansen

1 week ago | zawya.com | Holger Hansen

A trade conflict based on blanket 25% tariffs could cut economic growth in Germany by more than 1 percentage point, according to calculations from an economic institute. That duty would reduce gross domestic product by 1.2% one year after coming into effect, according to the study by the IAB Institute for Employment Research on Friday.

1 month ago | yahoo.com | Holger Hansen

By Holger HansenBERLIN (Reuters) -Germany's budget committee cleared the way on Friday for another 3 billion euros ($3.25 billion) in military aid for Ukraine, after chancellor-in-waiting Friedrich Merz pushed through reforms to ramp up investment in defence. Both houses of parliament passed plans this week by Merz's conservatives and the Social Democrats, who are in talks to form the next German government, that lift a long-held cap on debt.

1 month ago | usnews.com | Holger Hansen

By Holger HansenBERLIN (Reuters) - Germany's budget committee cleared the way on Friday for another 3 billion euros ($3.25 billion) in military aid for Ukraine, after chancellor-in-waiting Friedrich Merz pushed through reforms to ramp up investment in defence. Both houses of parliament passed plans this week by Merz's conservatives and the Social Democrats, who are in talks to form the next German government, that lift a long-held cap on debt.

1 month ago | yahoo.com | Holger Hansen

By Holger HansenBERLIN (Reuters) -Germany's outgoing government has agreed to release additional 3 billion euros ($3.3 billion) in military aid for Ukraine this year after lawmakers passed plans for a fiscal overhaul, a finance ministry document seen by Reuters on Wednesday showed. The move is widely seen as a breakthrough after outgoing Chancellor Olaf Scholz had insisted on making the easing of borrowing rules a prerequisite for the additional aid.

1 month ago | gurutrade.com | Andreas Rinke |Holger Hansen |Alexander Ratz

Parliament to vote on 500-billion-euro fund for infrastructure Also to vote on easing of strict borrowing rules Conservatives, SPD and Greens expect to reach majority Measures would mark tectonic shift in spending BERLIN, March 18 (Reuters) - Germany's lower house of parliament is set to vote on Tuesday on a massive surge in borrowing that could boost Europe's largest economy and stimulate growth across the region, even as it faces trade tensions with top partner the United States.