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Alexei B.Miller
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Vlaxia
Post: #101
RE: Pressemeldungen | Press Releases

(Vlaxian State Chancellor - Olaf Scholz attends SPD election party)

SPD crushes polls, Scholz returns CDU to junior government post

"unemployment may be rising, and the nation's fiscal position may be in the hands of foreign powers but the SPD has ensured the freedom and prosperity of Vlaxians for years to come!" - unnamed CDU official


Vlaxian voters have retained the SPD and their leader Olaf Scholz in the nation's most powerful post. State Chancellor Scholz promised Vlaxians a unity government where the CDU would resume their presence in junior ministerial posts after being dismissed for the Vlaxia Canal corruption row. Scholz stated that the CDU would occupy junior roles in the Finance, Economic Development, Defense, Agriculture, and Energy Ministries. As Vlaxia ascends into an alliance and expands its international role lobbying for policies within the Transatlantic and stepping up diplomatic cooperation with AfriCon to launch an iteration of the Vlaxia sponsored Barmen Council initiative. Vlaxia will need to present a unified whole of nation approach as it works to attain greater strategic autonomy in the world.

Scholz has promised to voters that his government will lower dependence on foreign financing and that by the time Vlaxia's economy reaches between $3 and $3.5 trillion marks it should have reduced reliance on foreign financing by $200bn marks/yr. By the time Vlaxia reaches $5 trillion GDP it will have completely eliminated the need for the final $100bn we receive from Transatlantic. Scholz warned voters that boosting Vlaxia's Armed Forces was truly his number one goal.

"A steady and responsible increase to national defense will ensure that prior events are never repeated again. Vlaxia should never be at the mercy of foreign nation states. If Vlaxia changes it will be from within, not outside pressure. As our nation recently experienced what it was subjected to for decades over a century ago we must transform Vlaxia into a credible military power. While our conventional power slowly grows, our atomic power will be expanded to serve our no first strike policy. Vlaxia's atomic arsenal will ensure that if another attack that threatens our existence is ever repeated our conventional forces will be large enough to resist a combatant long enough to issue nuclear retribution and impose a high enough cost on an enemy to deter them from this action to begin with." - Defense Minister Artis Pabriks


Vlaxia initially only planned a small increase to its overall defense budget over a number of years. But the war with Democracyyy has forced Vlaxia to revisit its doctrinal approach to national defense. Initially, Vlaxia targeted 500K soldiers now the nation seeks 1.5 million troops and autonomous independent units as well. The request for 750K and 750k robotic soldiers and independent autonomous units will be met by active recruiting efforts and nations and the international defense industry. Vlaxia as apart of reparations received several cohorts of Democracyyy scientists and engineers as well as troves of Democracyyy data and prototypes to allow Vlaxia to create autonomous military units. The Ministry of Defense has reformed the organization of State Defense Enterprises and boosted cooperation with Vlaxia's small private defense enterprises to ensure the nation's technology jump in this regard will be self-sustaining.

Scholz has appointed Sigmar Gabriel as the Vlaxian Delegate to the Transatlantic to lead Vlaxia's voting bloc in the organization. Fritz Jensberg has been reappointed as the Vlaxian Ambassador to AfriCon where he will now advocate for the Barmen Council within AfriCon and coordinate an additional set of economic packages Vlaxia will extend to AfriCon as a thank you for the massive aid. Already Vlaxia's imports from AfriCon has doubled supporting AfriCon exporters at a time where global markets decayed and are now slowly re-expanding. The massive aid from AfriCon supports this tremendous growth in demand from Vlaxia as the strengthening mark reduces the cost of AfriCon goods.

Vlaxia still hopes to boost its exports, the nation temporarily became a net exporter due to protectionist reforms that quickly backfired. Now Vlax has lost complete control over its trade deficit which at its smallest was $40bn and is now well over $100bn marks. With $1 trillion in reserves and large foreign-funded surplus Vlax has no need to react to the large trade deficit; federal policy remains accommodative as the international coalition saved Vlaxia from defeat and should be rewarded for their intervention. However, the SPD does seek to boost exports to place greater downward pressure on unemployment within the nation. The government has stated it would no longer prop up consumer spending with extensive subsidies, basic income increases, and interest rate interventions outside of controlling inflation. However, without real growth in foreign investment in Vlaxia it's hard to see much growth outside of the state-led growth policies. The Federal Cabinet has seen some limited success in restoring the investment climate in Vlaxia and is working proactively to restore investor sentiment in the country.


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

17.01.2022 17:25
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Post: #102
RE: Pressemeldungen | Press Releases

AfriCon Chief Othmani Hosts Vlaxian Diplomats, Discusses Barmen Security Council



CASABLANCA - In the aftermath of the international military coalition's neutralization of the rogue regime in Democracyyy as well as the recent collapse of the government in Himalia, African Confederation (AfriCon) Secretary-General Saadeddine Othmani is playing host for diplomats from Vlaxia. The AfriCon chief and Vlaxian envoys hope to draft an agreement that establishes the Barmen Security Council, an international partnership between the member-nations of AfriCon and TransAtlantic. The purpose of the proposed body is to coordinate global responses to security crises.


“Courage will now be your best defence against the storm that is at hand-—that and such hope as I bring.” Gandalf the Grey
17.01.2022 22:38
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Alexei B.Miller
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Vlaxia
Post: #103
RE: Pressemeldungen | Press Releases

(Vlaxian Minister of Finance - Ursula von der Leyen)

Finance Ministry announces new budget priorities

"$50 billion marks on new infrastructure and environmental spending"


Vlax has revealed additional budgetary priorities as announced by the Finance Ministry on Thursday. Federal officials plan to unleash $50 billion in fresh spending on infrastructure and environmental restoration from federal coffers. The plan calls for matching up to $35 bn marks to state governments who initiate public-private infrastructure projects. The Finance Ministry expects the federal states to act in good faith to draw adequate and sustainable private finance, the ministry has provided two scenarios under which it will consider it appropriate to issue matching funds. First) The Federal States can wholly spend up to $35 billion marks collectively and be repaid proportionally up to $35 bn marks. Second) The Federal States should based on the fiscal position of their government to extend PPP tenders spending up to $35 bn marks (proportionally) that they will also match up to their proportional allotment of the $35B federal grant. This means that Vlaxia can unlock up to $105 billion marks in infrastructure spending if PPP is used to its full potential. The Finance Ministry has also stated that at least 20% of goods used here should be sourced from AfriCon and 30% should be sourced from Transatlantic. The remaining goods used should be sourced from Vlaxian suppliers preferably private as state-owned corporations have received state orders already and will receive more. If goods cannot be sourced from Vlaxia they should be sourced from Transatlantic, then AfriCon, then non-aligned nations in that exact order.

The Finance Ministry will also spend $10 bn marks on federal environmental restoration projects. $5 bn marks will be earmarked as matching grants to states, Landkreis, and cities. The Federal Environment Ministry will see on its own increased funding for additional projects and enforcement efforts.

These enhancements come as Vlaxia splashes out billions for new defense equipment, subsidies, and other measures designed to rapidly develop the national economy and armed forces. The federal government warns that future stimulus measures will become increasingly more targeted, less frequent, and generally smaller in scope. The government is shifting huge focus to boosting gross investment, lowering unemployment, expanding infrastructure, boosting national defense, environmental restoration, and then conducting a staged multi-year fiscal consolidation in certain areas of the budget or economy that no longer support or as extensive support.

The Finance Ministry also clarified that ships flagged for on route or departing Teustchland and Deutsches Reich that wish to transit the Vlaxian Canal will be tolled by the Vlaxian Canal Authority as fee less toll has only been extended to Transatlantic states permanently and to AfriCon states as long as massive payments continue to Vlaxia and until 10 years after those payments stop. However, if the Barmen Security Council is formed the VCA will permanently cancel tolls to AfriCon if payments are stopped. However, Vlax urges AfriCon to retain payments to Vlaxia until the country has reached its target of at least $3.5 trillion marks or until Vlax formally issues a request for cancellation. Vlax also understands the cancellation of payments due to adverse fiscal conditions in Texas but urges San Antonio to keep Vlax in advanced consultations so our government makes preparations to brace the substantial withdrawal of funds before the highlighted timetable. So far, Vlax's position to recover from the immediate withdrawal of funds is relatively intact but it would cause for a sharp downward revision of growth forecast due to an earlier than expected initiation of fiscal consolidation plans.


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

20.01.2022 20:03
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Post: #104
RE: Pressemeldungen | Press Releases

Texas Pledges Long-Term Assistance for Vlaxia


Texas President Rick Perry


SAN ANTONIO - In order to assuage Vlaxian concerns that Texas will cut its financial aid to balance the national government's budget, President Rick Perry publicly proclaimed that Texas will meet its humanitarian commitments. "I recently read that the Vlaxian Finance Ministry is worried that we are going to reduce our assistance to their government," President Perry said as he spoke to the press. "Well, we pledge here and now that Texas will continue to process payments to Vlaxia until its federal government gains a national credit of at least $3.5 trillion. Yeah, $200 billion a year is a lot of money, but our economy is booming, in part, from free passage through the Vlaxian Canal, and our national security is stronger when there is stability in Central America."


“Courage will now be your best defence against the storm that is at hand-—that and such hope as I bring.” Gandalf the Grey
21.01.2022 07:16
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Alexei B.Miller
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Vlaxia
Post: #105
RE: Pressemeldungen | Press Releases

(Vlaxian Federal President - Frank Walter Steinmeier arrives to Texas)

Vlaxia champions "Special Relationship" with Texas

"Texas is one of the oldest friends and allies of Vlaxia, Vlaxians admire the industrious and humanitarian nature of Texans." - Steinmeier


Despite ascending to the Transatlantic alliance, the Vlaxian Federal Republic always places tremendous emphasis on relations with a key ally and strategic partner Texas. Texas - Vlaxian relations were first established in 1836 when Texas fought a war of secession from Mexico and gained independence. Vlaxian mercenaries at the direction of then Heinrich von Stathauten, Primate Viceroy of German America ordered clandestine shipments of aid to Texan fighters to support their independence. Vlaxians indeed died for Texan independence, just like in 1862 Texans militarily supported the Vlaxian Colonies' resistance to Mexican incursions into Northern Vlaxia. The Second Mexican Empire's failure to capture the Yucatan Peninsula which we now know contains the majority of Vlaxia's oil and gas wealth is largely the reason Vlaxia survived into the modern era.

Since then, the two nations have continued to support each other without question. When Texas was devastated by Hurricanes such as the massive Hurricane Harvey in 2017 causing $125bn ar$ in damage directly to Texas. Vlaxia sent billions in humanitarian aid, provided naval refuge for the Texan Navy and merchant marine, and sent millions of gallons of fuel and technical aid from Summershall to help rapidly recover production on devastated Texan coastal production & refining facilities. Texas has spent hundreds of millions helping Vlaxia cope with sea piracy in the Gulf of Mexico, clandestinely deployed thousands of troops to protect the Vlax Federal Capital District during the war with Democracyyy and secretly airlifted important Vlaxian artifacts and assets during that same time, and now Texas issues BILLIONS in aid every year to help Vlaxia recover from the war that's devastated its national economy and destroyed the nation's reputation as a high yielding investment hub. There is no doubt that Vlaxia and Texas will continue to prosper and profit from this important strategic and cultural relationship far beyond the horizon.

Vlaxian Federal President has arrived to San Antonio to celebrate our special relationship and to thank our closest friends for their firm support. Vlaxia also re-affirms its eternal support for Texas and promises its investments in the nation will be returned and that the Vlaxian people will subsequently tie their faith to Texans. Vlaxia steers its extensive and vast development program to meet this end. Vlaxia's President also travels to Texas to invite President Perry to receive state honors and awards in Vlaxia along with Transatlantic President and a larger Delegation of int'l coalition partners.

(Joachim Nagel - Vlaxian Federal Reserve President)

VFRB President says inflation will not return to less than 3.5%

"Our ability to manage the elevated inflationary environment remains robust, however, we no longer think pursuing 3.5% is realistic while the government's supportive fiscal policies are in effect." - Nagel


Vlaxia's new Federal Reserve President says the central bank will re-evaluate its inflation targeting policy. President Nagel says that while Vlaxia experiences unprecedented state-led economic expansion interest rates should remain high to keep a lid on inflation which currently stands at 5%. While wage growth in Vlaxia accelerates at breakneck speeds, the cost of living remains flat. This all is to be taken into account when developing policy as inflation only becomes a problem truly when the population's income cannot keep up with inflation. So far Vlaxians are not seeing any effects from inflation and have enormous discretionary income to purchase goods or save and invest! Vlaxian capital markets are expanding into the trillions of marks as Vlaxian squirrel away their thousands of marks in extra cash every month. This is even as the federal government records record surplus completely due to foreign largesse.

But how should the government manage such a prized position? Some say this is needed as when foreign funds finally stop flowing Vlax will have the trillions worth of wealth to tax to support an independent national budget in the future. Many say Vlax should continue to spend in the economy and direct its new-found financial power to finally help Vlaxia become a net-exporter. But what's truly possible for a nation of fewer than 20 million souls? Some say Vlax should open the spigot to families and immigrants to support the doubling of the population and that the countries wealth can support the infrastructure improvements needed for this ambitious proposal. But even as Vlaxian unemployment slowly increases again at the frustration of CDU opposition politicians policymakers in Vlax still have many questions to answer and citizens and foreign dignitaries alike will continue to await the results of the Scholz government work with delight.


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

23.01.2022 20:03
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Alexei B.Miller
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Vlaxia
Post: #106
RE: Pressemeldungen | Press Releases

(Vlaxian Finance Minister - Ursula von der Leyen)

Vlaxian officials blindsided by sudden loss of billions in recovery funding

"The unscheduled withdrawal of fiscal support to Vlaxia will have far-reaching consequences; we are forced to proceed with fiscal consolidation before the economy fully recovered. The next draft federal budget will include a $65 bn mark consolidation." - Von der Leyen


Officials at Finance Ministry are aghast as $120bn marks of Uzbek supportive finance has abruptly ended. While the government was thankful for the aid the unscheduled and undeclared revocation of aid has caused uproar in Vlaxia's legislative and executive arms.

"Well there goes the Pan American Continental Highway!" exclaims one MP from a needy district anticipating the thousands of construction jobs coming to his district.

The Chairman of the Bundestag Armed Forces Committee issued a letter to the Uzbek Finance Ministry warning that Vlaxia relied on the funds to continue its transformative reforms needed to allow the nation to become an asset to the alliance. "It feels like the rug has been ripped from beneath our feet, shall we rely on another alliance's largesse to fund our security?" the chair remarked.

The Finance Ministry convened an emergency meeting of the Federal Cabinet to discuss the risk scenarios possible from this loss.

"We must immediately move towards fiscal consolidation!" warned Ursula von der Leyen.

The Finance Ministry says that if Texas cut aid unexpectedly the nation would be plunged into an over $150bn mark budget deficit immediately. However, Von der Leyen added that figure would be technical and the budget deficit would be a $200bn structural deficit with no way to rapidly resolve without risking economic calamity and political suicide. The Finance Ministry has called for an immediate $65bn mark fiscal consolidation; this would give Vlaxia extra space to preserve its massive pile of reserves to extend the time we can fund the deficit. In this crucial time, Vlaxia would need to accelerate its policy reforms to support economic expansion. Unfortunately, the era of state-led growth will come to a premature close as Vlaxia didn't expect to halt support until we reached $3.5 trillion marks in annual output.

The maneuver, policymakers are preparing to undertake will be to slash state spending by $130 billion marks in a single year. The Ministry will also increase taxes on capital to add around $30bn additional marks in spending each year. In order to support aggregate demand in the economy during this same period and prevent a recession, the government will move forward with its Space Elevator project which will generate over $100bn marks of economic activity. This means the economy will only see $30bn marks in immediately reduced state spending, and only see $30bn marks on increased taxes. The initial spending of $100bn marks on the space elevator will be reduced by 10% to 15% annually for 3 to 4 years and be sustained under the completion of the project. This phased spending reduction while policy-side reform of the economy should allow for economic expansion and reduce shocks on the demand side and the fiscal side.

This brilliant maneuver by the Finance Ministry is entirely experimental but has been endorsed by the Federal Reserve which will resume supportive monetary policy by lowering interest rates to spur greater demand while the government decreases its footprint in the economy. The Fed will also increase the money supply to further ease cost burdens on citizens and business.


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

24.01.2022 20:10
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