Translation of "Staatsfinanzierung" in English

Central banks were established to provide war financing to governments.

The ECB cannot and will not finance governments.

Non-core activities are public finance and parts of the commercial real estate (CRE) segment.

It disregards the prohibition of national financing.

Under these circumstances, the Fed's continued low-interest policy would turn to pure state funding.

Otherwise, the ECB's program would be close to government financing.

In hyperinflationary Venezuela, printing money was the primary method of government finance.

For example, due to the prohibition of monetary financing, central banks may only acquire government bonds on the secondary market.

It is important to know, on the one hand, whether a very important aspect of economic activity assists the administration of public services and, from that point of view, taxation (like State funding) is absolutely unavoidable, and e-commerce cannot be exempt from this.

In July 1991, following a scandal involving secret government funding to the Inkatha Freedom Party and other opponents of the African National Congress, President F. W. de Klerk removed Malan from his influential post of defence minister and appointed him minister for water affairs and forestry.

This would harness the ECB’s resources without formally violating the EU’s Lisbon Treaty, which forbids central-bank financing for governments.

These include the deepening of the internal market and rendering capital markets more efficient, increasing the stability and shock resilience of the financial sector and of government financing, raising the attractiveness of euro area financial markets and the euro at global level, and reducing the impact of excessive market pessimism on sovereign borrowing costs.

However, an approach requiring the outright purchase of impaired assets would have a more immediate impact on budgetary ratios and government financing.

At 31 December 2010 HRE had closed the 15 sites listed below in the public investment finance and budget finance business lines:

The portfolio contains only a very limited amount of assets (less than EUR 1 billion) that would classify as international public finance or international sovereigns.

Because earnings in classical government-funding were slim, Depfa had diversified internationally, increasingly engaging in infrastructure projects and in the funding of joint ventures between private investors and the government (Public-Private Partnership, PPP).

Teaching: The compulsory subject "tax and fiscal law" conveys an understanding of the fundamental principles of taxation as an instrument for public financing and redistribution.

As regards the design of purchases according to the OMT programme, and the effects that can be expected of them, it seems very likely that, due to its selectivity, it can lead to an impermissible monetary financing of the budget.

In autumn 1720, ambitious plans for financing the state in France and Britain led to the collapse of Europe's securities markets.

This trend reflects the decision by many Pfandbrief banks to withdraw from public sector financing in the wake of new regulation that has made this area of business much less attractive for those banks.

Nor is the ESM Treaty itself to be seen as a vehicle for unconstitutional state financing via the European Central Bank (ECB).

In June 2015, the European Court of Justice (ECJ) gave final approval to the ECB's Outright Monetary Transactions (OMT) bond buying program, judging it was falling under the ECB’s responsibility and it was not violating the prohibition of monetary financing.

Imposing a limit on Pfandbrief Banks’ business volume irrespective of the riskiness aspect would put considerable pressure on the traditional business of public-sector lending.

Faced with this situation, the central bank must - either under political pressure or by having to weigh up all the relevant factors - contribute to state financing or take quasi-fiscal policy measures.

Earlier this year, the ECB disclosed the previously confidential agreement following a public debate and accusations that illegal monetary financing of fiscal deficits may have taken place through ANFA purchases.