US EditionGermany Reconsiders Welfare State to Fund Ukraine
13 Articles
13 Articles
Last Saturday Merz said something that everyone knows but no one dares say. "The social state that we have today cannot be financed with what we produce in the economy," he said publicly during a party conference. One can think that we are in the presence of the usual German rigour in terms of public finance, but it is only partially true.
Merz warns against an unfinanceable welfare state. However, data show that social spending in Germany is developing moderately and stable.
Merz warns against an unfinanceable welfare state. However, data show that social spending in Germany is developing moderately and stable.
Germany Reconsiders Welfare State to Fund Ukraine
by Martin Armstrong, Armstrong Economics: German Chancellor Friedrich Merz does not have the ability to manage Europe’s top economy. “The welfare state that we have today can no longer be financed with what we produce in the economy,” Merz said in a recent meeting. At the same time, Merz agreed to begin sending Ukraine 9 billion […]
Orbán Claims Vindication After Merz Warns German Welfare State Is Unsustainable - Nemos News Network
Orbán Claims Vindication After Merz Warns German Welfare State Is Unsustainable Authored by Thomas Brooke via Remix News, Hungarian Prime Minister Viktor Orbán said he felt vindicated in his economic strategy after German Chancellor Friedrich Merz admitted in a landmark speech that Germany’s welfare state can no longer be financed at current levels. “The German Chancellor’s speech confirms everything that we Hungarians have done in the economy…
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