Since the new German federal government has imposed tight fiscal policy restrictions on itself, a pragmatic approach is needed to finance the spending requirements of the transformation. The financing instruments mentioned in the coalition agreement appears to be suitable in principle for...

Various ways exist to make use of public debt financing despite the existence of the debt brake. These are outlined in the recent coalition agreement, which indicates that the new government will go in this direction. Particularly, the accounting of federal special funds will change and the role...

Although austerity was particularly strong in the aftermath of the economic crisis of 2008 and its consequences in the euro area, Italian fiscal policies have been characterised by tough consolidation periods ever since the 1990s.

The coming relief packages should be precisely targeted in the form of transfers for those on low incomes. In times of inflation, the efficiency of government fiscal policy is of particular importance. Additional spending projects should be critically examined accordingly. In the face of acute...

The current coalition’s budget negotiations for 2024 are proving to be very difficult. For the first time since 2010, there is talk of con-solidation measures to meet the requirements of the debt brake. The sudden budget dispute does not have its origins in worsening revenue prospects, but in...