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The ruling means there is a gap of at least EUR17bn (USD18.4bn) in next year’s spending that needs to be addressed. The coalition parties are divided on how to resolve the issue.
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DOI: 10.1108/OXAN-DB283925
ISSN: 2633-304X
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Topical
Moody's may cut Poland's credit rating because of the government's controversial changes to the constitutional court, the agency has warned. The European Commission continues to…
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DOI: 10.1108/OXAN-DB210522
ISSN: 2633-304X
Keywords
Geographic
Topical
The debt brake, which places a strict limit on the issuance of public debt and reflects Germany's innate fiscal conservatism, is being challenged given COVID-19 disruption, a…