Germany's Scholz: Confident EU Can Finalize Recovery Fund in 2020

The transcript covers discussions on international digital tax plans, G20 agreements, and debt relief initiatives, including China's role in debt restructuring. It also addresses support measures for German companies during the crisis, steps towards a stronger EU fiscal union, and ongoing Brexit negotiations.

What is the main goal for the digital tax plan discussed in the first section?

• To reduce taxes for digital companies

• To establish a global minimum tax rate

• To increase taxes on physical goods

• To eliminate digital taxes entirely

Which country is highlighted as a key player in debt restructuring discussions?

• India

• Brazil

• China

• Russia

What fiscal measure did the German government implement to support its economy during the crisis?

• A strong fiscal response with stabilization and recovery programs

• Tax increases

• Reduction in public spending

• Austerity measures

What is the 'Hamiltonian moment' referred to in the context of the European Union?

• A moment of financial crisis

• A decision to leave the EU

• A significant step towards fiscal union

• A new trade agreement with the US

What is a key challenge in achieving a banking union in the EU?

• Complexity of the banking union scenario

• Opposition from non-EU countries

• Insufficient financial resources

• Lack of political will

What is the current status of Brexit negotiations according to the final section?

• Negotiations have completely stopped

• The UK has left the EU without a deal

• Negotiations are ongoing despite previous deadlines

• A final agreement has been reached

What is the significance of discussing difficult questions up to the last moment in negotiations?

• It ensures that no agreement is reached

• It allows for the possibility of finding a solution

• It delays the negotiation process

• It leads to more disagreements