German govt wants fiscal pact approved by summer


BERLIN (Reuters) - The German government dug in its heels on Wednesday over the timing of a parliamentary vote on a new fiscal discipline pact for Europe, saying it wanted the legislation approved by the summer despite rising calls from opposition parties for a delay.

The pact, which aims to enshrine German-style fiscal rules across 25 EU countries, requires a two-thirds majority in parliament to pass, meaning Chancellor Angela Merkel is dependent on the opposition.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Sperm whale speech – with ‘alphabet’ – is decoded. What other animals can AI translate?
US judge grills Apple exec about whether company is defying order to enable more iPhone payment options
Delivery app Getir’s rise and fall fuelled by billions of dollars and strategy conflicts
Australian startup mimics trees to make cheaper green hydrogen
Apple’s iPad ‘Crush’ ad causes uproar amid AI anxiety
Sheriff requests nude photos from female inmate in exchange for favourable treatment, US feds say
Japan to start hunting fin whales after five years of commercial whaling
Ukrainian drones strike Russian fuel depot, officials say
Google’s Sundar Pichai lays out his AI roadmap
44-foot whale carcass on bow of cruise ship baffles NY authorities

Others Also Read