2025-03-02 17:55:09
Politics
Finance
Economy

Union and SPD Explore Financial Strategies Amid Crises

Image courtesy of : AFP (JOHN MACDOUGALL)

The Union and the SPD are engaged in critical negotiations, with international crises like Trump's policies and the Ukraine war providing an urgent backdrop. Finance Minister Jörg Kukies has outlined the financial framework for these talks, which have been described as open, honest, and constructive by SPD deputy chairman Achim Post. CDU politician Karin Prien has noted the continuation of these discussions, as both parties aim to reach a successful agreement.

Key demands from the Union, presented by Markus Söder, include reforms in electoral law, tackling illegal migration, economic relief, and reducing bureaucracy. These demands highlight the urgency of forming a government swiftly, with an emphasis on involving more women in the exploration process.

A major focus is on the creation of two new special funds, one for defense and another for infrastructure, totaling up to 800 billion euros. These funds are crucial for addressing the demands of the current geopolitical climate and the needs of the Bundeswehr. The idea is supported by top economists and aims to be implemented with the approval of the Bundestag, despite opposition from the Left and the need for a two-thirds majority.

Additionally, discussions involve potential reforms to the debt brake, essential for accommodating these financial strategies. As negotiations continue, the pressure to act swiftly grows, driven by both domestic and international challenges. The Union and SPD are therefore working intensively to finalize these plans, with hopes of forming a strong coalition to guide Germany through these turbulent times.

Frankfurter Rundschau
2. März 2025 um 12:49

Union and SPD continue to explore: Talks amid international crises

Politics
Economy
The Union and SPD are continuing to negotiate, despite international crises such as Trump's policies and the Ukraine war. Finance Minister Jörg Kukies provided an overview of the financial framework conditions. CDU politician Karin Prien emphasized that the talks will continue. SPD deputy chairman Achim Post praised the "very open, honest and constructive talks". SPD party and parliamentary group leader Lars Klingbeil is said to stand for change according to Söder. Söder set out four non-negot..
AFP
2. März 2025 um 15:07

Coalition talks at the federal level to continue on Monday

Politics
Economy
Exploratory talks between the Union and the SPD will continue on Monday; topics are the Bundeswehr, infrastructure and the debt brake; debate on amending the Basic Law for more financial leeway.
Tagesschau
2. März 2025 um 15:15

Media Reports: Union and SPD Consider Two New Special Funds

Politics
Economy
Finance
According to media reports, the Union and SPD are considering the establishment of two new special funds: one for defense (400 billion euros) and one for infrastructure (400-500 billion euros). Finance Minister Jörg Kukies and four economists provide the basis for the discussions. A reform of the debt brake is being pursued. The parties want to continue their coalition negotiations already on Monday.
Tagesspiegel
2. März 2025 um 13:35

It’s About 800 Billion Euros: Union and SPD Are Likely Considering Two Special Funds for Defense and Infrastructure

Politics
Economy
Finance
The Union and SPD are considering the establishment of two special funds, one for defense and one for infrastructure, worth 800 billion euros. This requires a two-thirds majority in the Bundestag and Bundesrat, as it involves amendments to the Basic Law.
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