{"id":43253,"date":"2021-03-23T10:37:06","date_gmt":"2021-03-23T06:37:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=43253"},"modified":"2021-03-23T10:37:08","modified_gmt":"2021-03-23T06:37:08","slug":"germany-raises-its-pandemic-related-borrowing-plans-to-more-than-450-billion-euros","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/germany-raises-its-pandemic-related-borrowing-plans-to-more-than-450-billion-euros\/03\/23\/market-updates\/","title":{"rendered":"Germany Raises Its Pandemic-Related Borrowing Plans to More Than 450 Billion Euros"},"content":{"rendered":"\n<p>Monday, a document showed that Germany is expected to continue a huge deficit in spending in light of the Covid-19 pandemic, with a debt-funded supplementary budget of about 60 billion euros for the current year and a draft budget for 2022 with new net debt of 81.5 billion euros.<\/p>\n\n\n\n<p>The Finance Ministry&#8217;s budget plans push new pandemic-related borrowing to a record high of 240 billion euros this year, following 130 billion euros in 2020.<\/p>\n\n\n\n<p>This means that the total net debt linked to the pandemic in Germany could exceed 450 billion euros in the period from 2020 to 2022.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monday, a document showed that Germany is expected to continue a huge deficit in spending in light of the Covid-19 pandemic, with a debt-funded supplementary budget of about 60 billion euros for the current year and a draft budget for 2022 with new net debt of 81.5 billion euros. The Finance Ministry&#8217;s budget plans push &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839],"class_list":["post-43253","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=43253"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43253\/revisions"}],"predecessor-version":[{"id":43254,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43253\/revisions\/43254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34631"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=43253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}