Germany could be forced to suspend a constitutional law that limits borrowing for a fourth consecutive year, after court ruling upended Chancellor Olaf Scholz’s spending plans and threw his government into chaos.
Tag: Budgets and Budgeting
Germany Freezes Government Spending as Budget Crisis Deepens
The government, scrambling to fill a budget gap in the wake of a court ruling, said it would halt future spending commitments.
Why Doesn’t Australia Have Better Trains?
And a glimmer of high-speed hope.
India’s Moon Landing Offers Blueprint For Other Countries Dreaming Big
Its celebrated lunar landing produced not only a wave of pride at home but also a road map for other countries.
In France, Some Public Pools Are Victims of Budget Woes
As temperatures rise, a vast but aging system is feeling the strains of rising energy costs, increasing water scarcity and mounting pressure on public budgets.
When Politics Saves Lives: a Good-News Story
The decision to fund medications to treat H.I.V.-AIDS patients in sub-Saharan Africa and the Caribbean flew in the face of expert advice. But the U.S. did it anyway.
Macron Pushes Through Law in France Raising Retirement Age
Lacking parliamentary support, the French president used a special measure to circumvent a vote, a step likely to further enrage opponents.
Macron Faces Pivotal Week in His Attempt to Change France at Its Core
Huge crowds are again expected to protest President Emmanuel Macron’s plan to raise the retirement age before a decisive vote that could redefine his nation and his legacy.
Ukraine Needs Shells, and Arms Makers Want Money. Enter the E.U.
Ukraine is firing artillery shells faster than manufacturers can make them. Brussels is working on a plan to increase production by guaranteeing big advance purchases.
After China’s Winter of Discontent, Xi Jinping Sets Sights on Growth and Power
China’s government said it expected the economy to grow “around 5 percent” this year. A meeting of the top legislature will reinforce Mr. Xi’s grip on power.