Translation of "Fiscal space" in German

So the eurozone has some – albeit limited – fiscal space.

More investment will require additional fiscal space.

Some other countries have fiscal space.

This creates the fiscal space to boost investment.

Conversely, Member States which enjoy fiscal space do not necessarily use it.

They will be differentiated and take into account the fiscal space of each country.

The feasibility of tax-financed pensions is presented commonly as a question of fiscal space.

Policymakers need the fiscal and monetary space to move in this direction.

That provides fiscal space when recessions materialize, without jeopardizing long-run debt sustainability.

Specifically, the creative use of fiscal space will enable the mobilization of more financing for sustainable infrastructure.

Finally, Poland needs sound public finances – that is, fiscal space for automatic stabilizers during economic crises.

But for this to happen, countries need the requisite fiscal space.

If, after factoring these in, there is still fiscal space available, it could be used.

For long-term economic sustainability, this will include measures that can generate a larger fiscal space to better implement its sustainable development strategy, further reform of subsidies and taxation, strengthening the role of the private sector and enhancing the business climate to attract more foreign investment, including through a more open and competitive trade policy, fully benefit from the digital dividend and through support to key infrastructure projects such as the development of an efficient transport system.

While many other countries still have fiscal space, they should not start consolidation before next year - this is to ensure that we do not suffocate the current ongoing economic recovery.

More fiscal space can be created by improving governance and strengthening the tax base, and, for the poorest countries, by achieving additional stable official development assistance (ODA) channeled through national budgets.

Structural transformations should promote full and productive employment as well as decent work, while governments should have enough policy and fiscal space to enable them to play a proactive role and to provide adequate universal social protection.

The government did not set aside resources while things were going well, and now it does not have the fiscal space needed for an aggressive boost to public spending of the type that many other governments are attempting.

Moreover, Germany’s government should use its fiscal space to invest in education, in particular in pre-schools and primary schools.

Europe’s problem today, though serious, is different: a significant subset of countries does not have fiscal space to act and would therefore be unable to support demand.

And, though Germany is doing much better than anyone else and has fiscal space, it does not wish to use it to benefit its neighbors.

Emerging-market bulls point out that most major middle-income countries have substantially lowered their public debt/GDP ratios, giving them fiscal space that they lacked in the past.