Germany's AfD, Left Party Can Jointly Block Changes to Constitution
The far-right Alternative for Germany (AfD) and Germany's Left party between them garnered the one third of seats in parliament needed to block changes to the constitution, including a loosening of the debt brake which restricts deficits to 0.
Conservatives lead in German elections, far-right AfD comes in second
German opposition leader Friedrich Merz declared victory after his Christian Democrats won nearly 29% of the votes in the country’s federal election. Chancellor Olaf Scholz's Social Democratic Party faced a historic defeat with the lowest vote share for the center-left party since 1949.
Germany's outgoing parliament could still greenlight a new special fund to boost defence spending but reforming strict limits ...
Reports that the three German centrist parties are trying to lift the country's debt brake -- before the new parliament goes into effect -- has changed Deutsche Bank's view on the euro, as their ...
However, owing to a constitutional amendment brought in by a previous coalition government, public spending in Germany is ...
Germany could approve a fund to boost defence spending before the outgoing parliament steps down next month, while leaving ...
These safeguards — keeping annual deficits below 1.5 per cent in the long term, and reducing excess debt by at least half a percentage point per year — “bite more” for the likes of Germany, Finland ...
Germany's next leader, conservative Friedrich Merz, has raised the alarm over European defence but the clock is ticking for ...
Since interest rates have risen, central banks around the world have faced losses stemming from the high interest they pay on ...
The US and Europe battled in the UN and G7 over whether to blame Russia for its war against Ukraine, German election winner Friedrich Merz faces serious hurdles to boosting defence spending, and Apple ...
German asset manager Patrizia SE is seeking to benefit from Europe’s chronic housebuilding shortfall by raising €1 billion ...
The incoming conservative-led government in Germany will face daunting challenges as it confronts a rapidly changing security ...
An election win for Germany's conservatives has eased concerns of political gridlock in Europe's biggest economy, though it ...
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