Measured by the share in the total EU budget, EU regional policy is the second most important policy area. One of ist central objectives is the promotion of long-run growth. Evidence from recent academic…
The role of the finance minister differs in various aspects from that of the remaining cabinet members. His main task is to enforce overall budgetary objectives. Depending on the organization of the budget…
In 2009, Germany has introduced a new debt brake which aims at constraining the buildup of new public debt for both the federal and the state level. While the new rule is enshrined in the federal constitution,…