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109 new news items in the last 24 hours
28 July 09:35

The new German government estimates that defense spending will not lead to penalties for the budget deficit, which will exceed 3% of GDP.

Delia Niculescu
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International
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The Berlin government has said it does not expect increased defense spending to be considered a breach of EU budget deficit rules. Although Germany's deficit is forecast at 3.3% of GDP, defense spending is expected to account for 0.3%. The European commission will assess the situation in the spring, and an EU rearmament plan could allow countries to increase their military budgets without breaking budget rules.

Sources

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Economica
Comisia Europeană nu va penaliza Germania dacă depăşeşte reglementările UE privind deficitul bugetar
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Agerpres
Germania nu va fi penalizată dacă depășește reglementările UE privind deficitul bugetar
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Profit.ro
Germania nu va fi penalizată dacă depășește reglementările UE privind deficitul bugetar
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Stiripesurse
Bruxelles-ul închide ochii: Germania, exceptată de la sancțiuni pentru depășirea deficitului

ȘTIRI PE ACELEAȘI SUBIECTE

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Germany's industrial production fell 1.9% in June, the lowest level since May 2020, amid weak external demand and competition from China.
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Germany's dependence on rare minerals processed in China jeopardizes European ambitions for rearmament and military autonomy.
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Poland signs $3.8 billion contract to modernize F-16 fleet as defense spending rises
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Economy
Thyssenkrupp's shareholders approved the separation of the TKMS division in order to capitalize on its potential in the context of rising European military budgets.
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Germany defense expenditure sanctions Deficitul bugetar

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