Tuesday, July 7, 2020

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

Must read

Covid-19 crisis: the Oise fears a massacre in the building sector

When the building goes, everything goes. An adage that has no reason to be in this post-confinement period. If the vast majority...

showdown between Baghdad and militias

The new prime minister wants to trim the wings of the powerful pro-Iranian paramilitary formations.Iraqi Prime Minister Mustafa al-Kazemi (right) meets with the leader...

Anakin’s real purpose was not to balance the Force

The stories of Chosen One seem to be everywhere, from Harry Potter to ancient myth. The most archetypal examples come from the Star...
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

Covid-19 crisis: the Oise fears a massacre in the building sector

When the building goes, everything goes. An adage that has no reason to be in this post-confinement period. If the vast majority...

showdown between Baghdad and militias

The new prime minister wants to trim the wings of the powerful pro-Iranian paramilitary formations.Iraqi Prime Minister Mustafa al-Kazemi (right) meets with the leader...

Anakin’s real purpose was not to balance the Force

The stories of Chosen One seem to be everywhere, from Harry Potter to ancient myth. The most archetypal examples come from the Star...

Crystal Palace v Chelsea: Premier League – live! – The Guardian

Crystal Palace v Chelsea: Premier League - live! The GuardianChelsea XI vs Crystal Palace: confirmed team news at start, planned lineup, final injuries...