2024-09-11 17:55:09
Politics
Economy
Budget Dispute Sparks Tensions in German Coalition
Image courtesy of : AFP (TOBIAS SCHWARZ)
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AFP
Baerbock Regrets Cuts in the Budget of Her Ministry
Politics
Finance
Economy
Baerbock laments budget cuts in the Foreign Office despite an uncertain global situation; the FDP rejects a change in the debt brake; the 2025 budget plan envisages a decline in expenditure, especially in the areas of security, humanitarian aid, bilateral cooperation and cultural relations; Baerbock criticizes the coalition partner FDP.
AFP
Baerbock regrets cuts in the budget of her ministry
Politics
Economy
Finance
Federal Foreign Minister Annalena Baerbock regrets cuts in the budget of her ministry for 2025. Given the uncertain global situation, a "quick-response budget" would be needed, but the debt brake and the Federal Ministry of Finance are limiting the scope. Baerbock has to set "painful but clear priorities", including support for Ukraine and humanitarian aid, which are to be cut.
EURACTIV.de
Merz rejects joint EU debt
Politics
Economy
Finance
CDU chairman Merz rejects joint EU debt, sees exception with Next Generation EU. Finance Minister Lindner and Economics Minister Habeck have different positions on this. Draghi calls for a permanent option for joint debt to finance EU priorities.
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