Germany's economy isn't growing. But its quarrelsome government can't agree on a way forward
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Scholz’s center-left Social Democrats, Vice Chancellor Robert Habeck’s environmentalist, left-leaning Greens and Lindner’s pro-business Free Democrats — a party that in recent decades has mostly allied with conservatives — set out in 2021 to form an ambitious, progressive coalition straddling ideological divisions that would modernize Germany. Lindner's Free Democrats categorically reject any tax increases or changes to Germany's strict self-imposed limits on running up debt, and say it's time to save money — for example, on benefits for the long-term unemployed. Budget friction The collision of philosophies has complicated putting together the national budget since Germany’s highest court last November annulled a government maneuver to repurpose 60 billion euros originally meant to cushion the impact of the COVID-19 pandemic for measures to help combat climate change and modernize the country. “A government must always ask itself whether it meets the demands of the time.” Scholz has urged his partners to stick together until the end of their term, saying last week that “anyone who has a mandate must fulfill that mandate.” “No one should just slink away,” he said in an interview with ZDF.
History of this topic
Germany’s economy is in trouble. The government’s collapse and Trump’s return bring more risk
Associated Press)
Germany’s government on brink of collapse: What’s next for Europe’s economic powerhouse?
Firstpost
Germany heads for early elections as Chancellor Scholz’s coalition collapses
The Hindu
Germany’s normally stable government has collapsed. Here’s why
CNN
Germany to see snap polls as Olaf Scholz's coalition government collapses
India Today)
Germany's ruling coalition collapses, Scholz govt in trouble; trust vote likely in January
Firstpost
Germany's quarrelsome government meets in last-minute effort to find solution for its ailing economy
The Independent
Scholz may have to call snap election as German coalition flounders
The Telegraph
Germany braced for Europe’s next debt crunch
The TelegraphGerman government averts crisis with budget agreement for Europe’s largest economy
Associated PressGloom settles over Germany’s economy, with businesses downbeat about the coming months
Associated PressGermany says Europe’s largest economy is in ‘troubled waters’ and cuts its growth forecast
Associated Press
Protests by farmers and others in Germany underline deep frustration with the government
The IndependentEurope’s biggest economy shrank last year as Germany struggles with multiple crises
Associated PressGermany’s Scholz confident of resolving budget crisis, says no dismantling of the welfare state
Associated Press
Germany is having a budget crisis. With the economy struggling, it's not the best time
The Independent
Germany, now the world’s worst-performing major economy, grapples with a budget crisis
LA TimesGermany’s leader vows to fix a spending crisis that’s worsening gloom in the struggling economy
Associated Press
Germany agrees 32 billion euro tax cuts to give economy 'big boost'
Hindustan Times
German central bank sees the economy stagnating again in the 3rd quarter
Associated PressGermany used to be the world’s export powerhouse. Now, it’s not growing. What happened?
Associated Press
Germany used to be the world's export powerhouse. Now, it's not growing. What happened?
The Independent
German government: Economy to shrink in 2023 as war bites
Associated Press
Merkel's successor inherits slowing German economy
The TelegraphDiscover Related
)
)
)
)
