Governing Supply Shocks: Central Bank Instruments, Fiscal Space and Financial Resilience
Julia Bingler,
Laura Britt Fermo and
Ashutosh Jaiswal | 30 October 2026
Fiscal,
Monetary,
Policy Briefs | Tags:
Energy,
Financial Supervision,
Global Value Chains,
Governing Finance,
Novel Risks Novel risks are expected to intensify supply shocks. This has considerable implications for monetary policy, fiscal space, and financial resilience
... continue reading
Tax Expenditures in Germany: Country Report Launched at High-Level Event in Berlin
Council on Economic Policies | 12 October 2026
Fiscal,
News | Tags:
Germany,
Tax Expenditures Tax expenditures account for a significant share of government spending in Germany. In 2026, they amount to around 1.7 percent of gross domestic product. This revenue forgone, totaling €76.5 billion, results from 107 tax expenditures with economic objectives and 52 further provisions reported in
... continue reading (in German)
Tax Expenditures Country Report: Germany
Michael Thöne and
Christian von Haldenwang | 8 October 2026
Fiscal,
Discussion Notes | Tags:
Germany,
GTED,
GTETI,
Tax Expenditures Tax expenditures (TEs) in Germany represent a significant portion of government spending, amounting to 1.7 percent of GDP in 2026. Over the last decade, revenue forgone reported by the German federal government has remained consistently below 2.0 percent of GDP ...
... continue reading