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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSPD Says No Budget Before Y/E As Gov't Looks For Deal In 8 Dec Meeting
Germany's DPA posts on X: "The German parliament will not have time to vote on the country's 2024 budget before the end of the year, a senior lawmaker from Chancellor Olaf Scholz's Social Democrats writes in a message seen by dpa."
- Comes as Bloomberg reports that following progress in talks on 6 Dec, German Chancellor Olaf Scholz will hold a meeting with Economy Minister Robert Habeck, Finance Minister Christian Lindner and other senior officials regarding the 2024 federal budget on the afternoon of 8 Dec. Ministers have struggled to reach an agreement on how to plug a EUR17bn funding gap identified by Lindner for 2024.
- Without a budget voted through the Bundestag by year-end the gov't would have to put together a provisional spending plan to get through the first months of 2024, potentially dragging the politically-damaging saga into the new year.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.