Monday, August 3, 2020

Euro bonds could cost Germany up to 12 billion euros a year

Must read

Varta and Samsung end dispute – and conclude supply contract

Ellwangen / Stuttgart Instead of continuing to argue about patent infringements, battery manufacturer Varta agreed a new supply contract with the South Korean Samsung...

The Salzburg Festival comes to (small) screens

Lithuanian soprano Ausrine Stundyte as Elektra...

In Chiapas, they seek international support for imprisoned doctor

After the emergency physician Gerardo Vicente Grajales, who cared for patients COVID-19 in Chiapas, he was imprisoned and linked to...

Instagrammer makes fun of “high Swiss prices”

Holidays inlandBecause of the pandemic, summer holidays in Switzerland are recommended. People in training complain that holidays in their own country quickly exceed...
Finance Minister Olaf Scholz

Joint bonds could cost the German state twelve billion euros a year.


(Photo: dpa)

Berlin Debt securities issued jointly with other euro countries could bring Germany additional annual burdens of up to 0.36 percent of economic output, as the experts at the US investment bank Jefferies calculate. Accordingly, an amount of twelve billion euros would have to be paid in addition to the ongoing debt service.

For the Netherlands, the analysts estimate the additional costs at a maximum of 1.4 billion euros per year, which corresponds to 0.18 percent of the gross domestic product (GDP).

However, the actual loads would be lower. The experts base their calculations on the assumption that all government bonds in the euro zone are issued together.

.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest article

Varta and Samsung end dispute – and conclude supply contract

Ellwangen / Stuttgart Instead of continuing to argue about patent infringements, battery manufacturer Varta agreed a new supply contract with the South Korean Samsung...

The Salzburg Festival comes to (small) screens

Lithuanian soprano Ausrine Stundyte as Elektra...

In Chiapas, they seek international support for imprisoned doctor

After the emergency physician Gerardo Vicente Grajales, who cared for patients COVID-19 in Chiapas, he was imprisoned and linked to...

Instagrammer makes fun of “high Swiss prices”

Holidays inlandBecause of the pandemic, summer holidays in Switzerland are recommended. People in training complain that holidays in their own country quickly exceed...

Banco Santander, when digital attention becomes essential | Additional features

Responsibility, guarantee, security and help are the words that accompany each of Banco Santander's actions related to the pandemic. Very early, its employees...