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Premier Lecornu resigns
French Prime Minister Sébastien Lecornu has unexpectedly resigned just hours after presenting his cabinet. President Macron now faces the challenge of finding a new prime minister.
Budget Draft 2026: Expenditures and Debt Increase
The budget draft for 2026 anticipates increased expenditures and new debt, as the government aims to invest in the future. However, discussions in the Bundestag regarding the allocation of funds and debt accumulation are already underway.
Bundestag approves budget for 2025
The Bundestag has approved the budget for 2025 with expenditures exceeding 500 billion euros, including new debt of 140 billion euros. The budget includes significant funds for social services and defense.
Federal Court of Auditors criticizes budget planning for 2026
The Federal Court of Auditors warns of a debt spiral due to Finance Minister Klingbeil's budget planning for 2026. It calls for the federal government to save sustainably and focus on its core tasks.
Criticism of the Government's Budget Plans
The opposition sharply criticizes the government's budget plans, particularly regarding the use of special funds. Finance Minister Lars Klingbeil defends the plans, citing investments in infrastructure and digitalization.
Federal Government Plans 500 Billion Euros for Infrastructure
The federal government plans to take on 500 billion euros in new debt to promote infrastructure. However, there are concerns that the funds may not be used in a growth-promoting manner.
Opposition criticizes the federal budget 2025
The opposition criticizes the federal budget 2025 for lack of transparency and wrong priorities. They announce plans to reject the budget in the Bundestag.
Bayrou to pose confidence question in Parliament
French Prime Minister Bayrou will pose a confidence question in Parliament in September to clarify the planned budget cuts. His government lacks a majority, which could lead to a possible vote of no confidence.
Evergrande Removed from the Stock Exchange
The Chinese real estate developer Evergrande has been removed from the stock exchange, symbolizing the decline of the industry. The crisis is heavily burdening the Chinese economy.
Klingbeil warns that minor cuts will not suffice in the budget
Lars Klingbeil emphasizes the need for larger cuts in the budget to close a financial gap. Despite the ability to take on more debt, comprehensive reform is required.
Budget Draft 2026: Investments and Savings Measures
The federal government has approved the budget draft for 2026 with high debts and investments, while a strict savings plan for 2027 has been announced.
Budget Draft 2026: High Expenditures and Debt
Finance Minister Klingbeil plans high expenditures and debt in the 2026 budget draft, eliciting both praise and criticism from the coalition and the opposition.
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