{"id":30334,"date":"2025-10-26T03:24:06","date_gmt":"2025-10-26T03:24:06","guid":{"rendered":"https:\/\/kamucalisanlari.net\/?p=30334"},"modified":"2025-10-26T03:24:06","modified_gmt":"2025-10-26T03:24:06","slug":"fitch-ratings-daha-fazla-buyume-olmazsa-almanyanin-kredi-notu-baski-altinda-kalabilir","status":"publish","type":"post","link":"https:\/\/kamucalisanlari.net\/index.php\/2025\/10\/26\/fitch-ratings-daha-fazla-buyume-olmazsa-almanyanin-kredi-notu-baski-altinda-kalabilir\/","title":{"rendered":"Fitch Ratings: Daha fazla b\u00fcy\u00fcme olmazsa Almanya&#8217;n\u0131n kredi notu bask\u0131 alt\u0131nda kalabilir"},"content":{"rendered":"<p><p>Fitch Ratings, Almanya&#8217;n\u0131n &#8220;AAA&#8221; kredi notunun altyap\u0131 ve savunma i\u00e7in yapaca\u011f\u0131 b\u00fcy\u00fck bor\u00e7lanman\u0131n reformlarla dengelenmemesi veya b\u00fcy\u00fcmede kal\u0131c\u0131 bir iyile\u015fmeye yol a\u00e7mamas\u0131 durumunda uzun vadede bask\u0131 alt\u0131nda kalabilece\u011fini bildirdi.<\/p>\n<p>Almanya&#8217;da Federal Meclis, altyap\u0131 ve iklim i\u00e7in 500 milyar avroluk \u00f6zel fon olu\u015fturulmas\u0131 ve savunma harcamalar\u0131n\u0131n gelecekte &#8220;bor\u00e7 freni&#8221; uygulamas\u0131ndan \u00e7\u0131kar\u0131lmas\u0131 i\u00e7in anayasa de\u011fi\u015fikli\u011fi yap\u0131lmas\u0131na &#8220;evet&#8221; dedi.<\/p>\n<p>Yap\u0131lan anayasa de\u011fi\u015fikli\u011fine g\u00f6re, \u00fclkenin savunmas\u0131 i\u00e7in yap\u0131lacak b\u00fcy\u00fck harcamalar bor\u00e7 freni uygulamas\u0131n\u0131n d\u0131\u015f\u0131nda tutulacak. Ayr\u0131ca altyap\u0131 ve iklim hedeflerine ula\u015fmak i\u00e7in 500 milyar avroluk \u00f6zel fon olu\u015fturulmas\u0131na imkan sa\u011flanacak.<\/p>\n<p>Meclis, ald\u0131\u011f\u0131 kararla Avrupa&#8217;n\u0131n en b\u00fcy\u00fck ekonomisini canland\u0131racak ve Avro B\u00f6lgesi&#8217;nde b\u00fcy\u00fcmeyi te\u015fvik edecek b\u00fcy\u00fck bir bor\u00e7lanma art\u0131\u015f\u0131n\u0131 onaylam\u0131\u015f oldu.<\/p>\n<p>Uluslararas\u0131 kredi derecelendirme kurulu\u015fu Fitch Ratings&#8217;in &#8220;Almanya&#8217;n\u0131n Harcama Planlar\u0131 Jeopolitik ve B\u00fcy\u00fcme Zorluklar\u0131 i\u00e7in Mali Alan\u0131 Kullanma \u0130ste\u011fini G\u00f6steriyor&#8221; ba\u015fl\u0131kl\u0131 analizine g\u00f6re, ek harcamalar \u00fclkede ekonomik b\u00fcy\u00fcmeyi destekleyecek ve rekabet g\u00fcc\u00fcn\u00fc art\u0131racak.<\/p>\n<p>Fitch Ratings&#8217;in de\u011ferlendirmesinde, ek harcamalar\u0131n kendi ba\u015f\u0131na Almanya&#8217;n\u0131n uzun vadeli b\u00fcy\u00fcme beklentilerini \u00f6nemli \u00f6l\u00e7\u00fcde iyile\u015ftirmesinin olas\u0131 olmad\u0131\u011f\u0131na dikkat \u00e7ekildi ve bu nedenle yap\u0131sal reformlar ve daha rekabet\u00e7i sekt\u00f6rlere odaklan\u0131lmas\u0131 gerekti\u011fine vurgu yap\u0131ld\u0131.<\/p>\n<p>Gelecek 10 y\u0131l i\u00e7inde Almanya&#8217;dan 900 milyar ila 1 trilyon avro ek harcama \u00f6ng\u00f6r\u00fcl\u00fcrken, bunun da 2024 verileriyle Gayrisafi Yurt \u0130\u00e7i Has\u0131la&#8217;n\u0131n (GSYH) y\u00fczde 20&#8217;sinden biraz fazlas\u0131na denk geldi\u011fine yer verildi.<\/p>\n<p>Fitch, s\u00f6z konusu harcamalar\u0131n 2025-2027 y\u0131llar\u0131nda GSYH&#8217;ye yakla\u015f\u0131k y\u00fczde 0,4 puanl\u0131k katk\u0131 yapmas\u0131n\u0131 da bekliyor.<\/p>\n<p>Ge\u00e7en y\u0131l 118,8 milyar avro ile GSYH&#8217;nin y\u00fczde 2,6&#8217;s\u0131na denk gelen b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131n\u0131n 2027&#8217;ye kadar GSYH&#8217;nin y\u00fczde 4 ila 4,5&#8217;ine y\u00fckselmesi de Fitch&#8217;in beklentilerin aras\u0131nda yer al\u0131yor. Bu da \u00fclkenin toplam kamu borcunun GSYH&#8217;nin y\u00fczde 70&#8217;ine ula\u015fmas\u0131na neden olacak. S\u00f6z konusu oran yine de 2010&#8217;daki k\u00fcresel finansal kriz s\u0131ras\u0131nda ula\u015f\u0131lan y\u00fczde 80&#8217;lik zirvenin alt\u0131nda kalacak.<\/p>\n\n<p><\/p>\n<p>Kaynak :\u00a0<span style=\"background-color: rgb(255, 249, 236); color: rgb(55, 58, 60); font-size: 14px;\">https:\/\/www.bloomberght.com\/fitch-ratings-daha-fazla-buyume-olmazsa-almanya-nin-kredi-notu-baski-altinda-kalabilir-3744345<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings, Almanya&#8217;n\u0131n &#8220;AAA&#8221; kredi notunun uzun vadede bask\u0131 alt\u0131nda kalabilece\u011fini bildirdi.<\/p>\n","protected":false},"author":1,"featured_media":30335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3363,116,3364,634],"manset":[],"class_list":["post-30334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-avro","tag-buyume","tag-fitch","tag-harcamalar"],"_links":{"self":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/30334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/comments?post=30334"}],"version-history":[{"count":1,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/30334\/revisions"}],"predecessor-version":[{"id":30336,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/30334\/revisions\/30336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media\/30335"}],"wp:attachment":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media?parent=30334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/categories?post=30334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/tags?post=30334"},{"taxonomy":"manset","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/manset?post=30334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}