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Jens Larsen - 2 Olaf Scholz - 1 Christian Lindner - 1 Robert Habeck - 1 Sean Gallup - 1 Germany didn't - 1 fumbling - 1 Jan Techau - 1
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☆ U.S. election will put additional pressure on an already stressed German economy, says analyst
  + stars: | 2024-11-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. election will put additional pressure on an already stressed German economy, says analystJens Larsen, the director of global macro-geoeconomics at Eurasia Group, discusses Germany's political crisis and the impact of the U.S. election on the country's economy.
Persons: Jens Larsen Organizations: Eurasia Group
☆ Germany slides deeper into budget crisis. Here's what you need to know
  + stars: | 2023-11-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +4 min
Germany didn't get to this point overnight, however — in ways, the roots of the current crisis even predate the pandemic. The government took on emergency debt to try to stem the impact the pandemic had on its budget through a temporary debt brake suspension. And so, the current coalition government decided to re-allocate it to finance policies aimed at climate change and a greener, more sustainable economy. Some observers (and several Green party members), have suggested that the climate crisis is as much of an emergency as the pandemic. But the court's ruling stands, and Germany's budget now has a 60-billion-euro ($65 billion) hole.
Persons: Olaf Scholz, Christian Lindner, Robert Habeck, Sean Gallup, Germany didn't, fumbling, Jan Techau, Mujtaba Rahman, Jens Larsen Organizations: Finance, Getty, Greens, Free Democratic Party, Eurasia Group Locations: Berlin, Germany
☆ Forget the pension protests. France’s economy has momentum
  + stars: | 2023-04-30 | by ( Anna Cooban | ) edition.cnn.com   time to read: +8 min
France’s economy grew 0.2% in the first quarter of this year, its national statistics agency said Friday, after stagnating in the previous quarter. Yet the long-running protests are unlikely to leave a lasting dent in France’s economy, according to Charlotte de Montpellier, a senior economist at Dutch bank ING. But its $2.8 trillion economy has held up comparatively well. Office buildings illuminated in the La Defense business district of Paris, France, on Monday, Feb. 6, 2023. ‘Momentum’ building for banksBritain’s exit from the European Union has also been a boon for France’s financial sector.
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