Germany Closer Than Ever to Government Collapse, ING Says -- Market Talk

Dow Jones

Nov 05, 2024

1626 GMT - The risk of the current German government collapsing appears higher than ever, ING's Carsten Brzeski says in a note. A paper by finance minister Christian Lindner that leaked last week proposes lowering corporate taxes, abolishing the so-called solidarity surcharge, longer working hours and more flexible retirement ages. The paper adds to growing tensions within the ruling coalition, the economist writes. Lindner tied his policy paper to the budget for 2025, which will have to be signed off by mid-November. While a compromise is possible, political fallout appears inevitable, Brzeski notes. If Lindner's Free Democratic Party were to withdraw from the coalition government, rather than automatically triggering a snap election, a minority government could rule until the next vote due for September 2025. (edward.frankl@wsj.com)

(END) Dow Jones Newswires

November 04, 2024 11:26 ET (16:26 GMT)

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A paper by finance minister Christian Lindner that leaked last week proposes lowering corporate taxes, abolishing the so-called solidarity surcharge, longer working hours and more flexible retirement ages. The paper adds to growing tensions within the ruling coalition, the economist writes. Lindner tied his policy paper to the budget for 2025, which will have to be signed off by mid-November. While a compromise is possible, political fallout appears inevitable, Brzeski notes. If Lindner's Free Democratic Party were to withdraw from the coalition government, rather than automatically triggering a snap election, a minority government could rule until the next vote due for September 2025. (edward.frankl@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2024 11:26 ET (16:26 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Germany Closer Than Ever to Government Collapse, ING Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGermany Closer Than Ever to Government Collapse, ING Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-05 00:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1626 GMT - The risk of the current German government collapsing appears higher than ever, ING's Carsten Brzeski says in a note. A paper by finance minister Christian Lindner that leaked last week proposes lowering corporate taxes, abolishing the so-called solidarity surcharge, longer working hours and more flexible retirement ages. The paper adds to growing tensions within the ruling coalition, the economist writes. Lindner tied his policy paper to the budget for 2025, which will have to be signed off by mid-November. While a compromise is possible, political fallout appears inevitable, Brzeski notes. If Lindner's Free Democratic Party were to withdraw from the coalition government, rather than automatically triggering a snap election, a minority government could rule until the next vote due for September 2025. (edward.frankl@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2024 11:26 ET (16:26 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ING","symbol_name":"荷兰国际","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481930535","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481930535","pubTimestamp":1730737560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1626 GMT - The risk of the current German government collapsing appears higher than ever, ING's Carsten Brzeski says in a note. A paper by finance minister Christian Lindner that leaked last week proposes lowering corporate taxes, abolishing the so-called solidarity surcharge, longer working hours and more flexible retirement ages. The paper adds to growing tensions within the ruling coalition, the economist writes. Lindner tied his policy paper to the budget for 2025, which will have to be signed off by mid-November. While a compromise is possible, political fallout appears inevitable, Brzeski notes. If Lindner's Free Democratic Party were to withdraw from the coalition government, rather than automatically triggering a snap election, a minority government could rule until the next vote due for September 2025. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ING":"荷兰国际","BK4207":"综合性银行"},"translate_title":"荷兰国际集团表示，德国比以往任何时候都更接近政府崩溃——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ING":1},"content_text":"1626 GMT - The risk of the current German government collapsing appears higher than ever, ING's Carsten Brzeski says in a note. A paper by finance minister Christian Lindner that leaked last week proposes lowering corporate taxes, abolishing the so-called solidarity surcharge, longer working hours and more flexible retirement ages. The paper adds to growing tensions within the ruling coalition, the economist writes. Lindner tied his policy paper to the budget for 2025, which will have to be signed off by mid-November. While a compromise is possible, political fallout appears inevitable, Brzeski notes. If Lindner's Free Democratic Party were to withdraw from the coalition government, rather than automatically triggering a snap election, a minority government could rule until the next vote due for September 2025. (edward.frankl@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 04, 2024 11:26 ET (16:26 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}