{"id":99575,"date":"2026-02-16T00:15:11","date_gmt":"2026-02-15T23:15:11","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=99575"},"modified":"2026-02-15T13:28:12","modified_gmt":"2026-02-15T12:28:12","slug":"nemecky-verejny-dluh-se-vymkl-kontrole-do-roku-2035-potrebuje-220-miliard-dolaru","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2026\/02\/16\/nemecky-verejny-dluh-se-vymkl-kontrole-do-roku-2035-potrebuje-220-miliard-dolaru\/","title":{"rendered":"N\u011bmeck\u00fd ve\u0159ejn\u00fd dluh se vymkl kontrole, do roku 2035 pot\u0159ebuje 220 miliard dolar\u016f"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<h3 class=\"s-tagline fw-tagline\"><span dir=\"auto\">Bez fisk\u00e1ln\u00ed korekce ve v\u00fd\u0161i p\u0159ibli\u017en\u011b 5 procent HDP by se podle MMF mohl pom\u011br dluhu N\u011bmecka k HDP v dlouhodob\u00e9m horizontu st\u00e1t nezvladateln\u00fdm<\/span><\/h3>\n<p><span dir=\"auto\">Podle ned\u00e1vn\u00e9 zpr\u00e1vy Mezin\u00e1rodn\u00edho m\u011bnov\u00e9ho fondu (MMF) pot\u0159ebuje N\u011bmecko do roku 2035 zhruba 220 miliard eur na \u00fapravy \u2013 \u00faspory nebo dodate\u010dn\u00e9 p\u0159\u00edjmy \u2013 ke stabilizaci sv\u00e9ho ve\u0159ejn\u00e9ho dluhu. Za dosa\u017eiteln\u00e9 se pova\u017euje p\u0159edev\u0161\u00edm restrukturalizace penzijn\u00edho syst\u00e9mu, sn\u00ed\u017een\u00ed dotac\u00ed a c\u00edlen\u00e9 zvy\u0161ov\u00e1n\u00ed dan\u00ed, uvedl Handelsblatt s odvol\u00e1n\u00edm na ma\u010farsk\u00fd port\u00e1l\u00a0<\/span><a href=\"https:\/\/www.portfolio.hu\/gazdasag\/20260213\/felfestette-az-ordogot-a-falra-az-imf-kenyszerpalyara-kerul-europa-nagyhatalma-817744\"><span dir=\"auto\">Portfolio<\/span><\/a><span dir=\"auto\">\u00a0.<\/span><\/p>\n<p><span dir=\"auto\">Anal\u00fdza MMF ukazuje, \u017ee tlak na n\u011bmeck\u00fd rozpo\u010det se v p\u0159\u00ed\u0161t\u00edm desetilet\u00ed drasticky zv\u00fd\u0161\u00ed.<\/span><\/p>\n<p><span dir=\"auto\">Mezi hlavn\u00ed faktory stoj\u00edc\u00ed za t\u00edmto n\u00e1r\u016fstem pat\u0159\u00ed st\u00e1rnut\u00ed spole\u010dnosti, p\u0159i\u010dem\u017e odhady uv\u00e1d\u011bj\u00ed, \u017ee d\u016fchody a zdravotn\u00ed p\u00e9\u010de by mohly do roku 2035 st\u00e1t t\u00e9m\u011b\u0159 o 100 miliard eur ro\u010dn\u011b v\u00edce; skokov\u00fd n\u00e1r\u016fst v\u00fddaj\u016f na obranu, kter\u00fd se o\u010dek\u00e1v\u00e1 na 22 miliard eur ro\u010dn\u011b; a vy\u0161\u0161\u00ed n\u00e1klady na p\u016fj\u010dky, p\u0159i\u010dem\u017e \u00farokov\u00e9 platby z ve\u0159ejn\u00e9ho dluhu se podle progn\u00f3zy MMF o\u010dek\u00e1vaj\u00ed n\u00e1r\u016fst p\u0159ibli\u017en\u011b o 18 miliard eur.<\/span><\/p>\n<p><span dir=\"auto\">MMF bohu\u017eel p\u00ed\u0161e, \u017ee \u0161krty ve v\u00fddaj\u00edch nesta\u010d\u00ed. Odborn\u00edci volaj\u00ed po tom, aby budouc\u00ed zvy\u0161ov\u00e1n\u00ed d\u016fchod\u016f bylo odd\u011bleno od r\u016fstu mezd a sledov\u00e1no pouze inflac\u00ed. To samo o sob\u011b by mohlo do roku 2040 v\u00e9st k \u00faspor\u00e1m ve v\u00fd\u0161i p\u0159ibli\u017en\u011b 1 procenta HDP. MMF tak\u00e9 doporu\u010duje p\u0159ezkoumat mo\u017enost p\u0159ed\u010dasn\u00e9ho odchodu do d\u016fchodu bez dan\u00ed a upravit v\u011bk odchodu do d\u016fchodu podle o\u010dek\u00e1van\u00e9 d\u00e9lky \u017eivota po roce 2031.<\/span><\/p>\n<p><span dir=\"auto\">Pro zlep\u0161en\u00ed efektivity trhu pr\u00e1ce zpr\u00e1va MMF d\u00e1le vyz\u00fdv\u00e1 ke zv\u00fd\u0161en\u00ed po\u010dtu odpracovan\u00fdch hodin a sn\u00ed\u017een\u00ed po\u010dtu \u010d\u00e1ste\u010dn\u00fdch \u00favazk\u016f. To by si vy\u017e\u00e1dalo roz\u0161\u00ed\u0159en\u00ed syst\u00e9mu d\u011btsk\u00fdch d\u00e1vek a p\u0159ezkum spole\u010dn\u00e9ho zdan\u011bn\u00ed man\u017eel\u016f. Pro fisk\u00e1ln\u00ed konsolidaci je tak\u00e9 nezbytn\u00e9 zru\u0161en\u00ed dotac\u00ed \u0161kodliv\u00fdch pro \u017eivotn\u00ed prost\u0159ed\u00ed.<\/span><\/p>\n<p><span dir=\"auto\">Pokud jde o dan\u011b, n\u00e1vrhy zahrnuj\u00ed odstran\u011bn\u00ed mezer v dani z d\u011bdictv\u00ed, zejm\u00e9na zp\u0159\u00edsn\u011bn\u00ed \u0161t\u011bdr\u00fdch v\u00fdjimek pro rodinn\u00e9 podniky; zv\u00fd\u0161en\u00ed dan\u011b z nemovitost\u00ed a spot\u0159ebn\u00ed dan\u011b z alkoholu, kter\u00e9 jsou v N\u011bmecku podle mezin\u00e1rodn\u00edch standard\u016f n\u00edzk\u00e9, jako mo\u017en\u00e1 opat\u0159en\u00ed; a zru\u0161en\u00ed n\u011bkter\u00fdch v\u00fdjimek z DPH pro pohostinstv\u00ed, kter\u00e9 podle MMF m\u011blo mal\u00fd dopad na hospod\u00e1\u0159sk\u00fd r\u016fst.<\/span><\/p>\n<p><span dir=\"auto\">Celkov\u011b vzato, bez fisk\u00e1ln\u00ed korekce ve v\u00fd\u0161i p\u0159ibli\u017en\u011b 5 procent HDP by se podle MMF pom\u011br dluhu N\u011bmecka k HDP mohl v dlouhodob\u00e9m horizontu st\u00e1t nezvladateln\u00fdm.<\/span><\/p>\n<p><span dir=\"auto\">Je pozoruhodn\u00e9, \u017ee MMF nemluv\u00ed o zvy\u0161ov\u00e1n\u00ed deportac\u00ed ani sni\u017eov\u00e1n\u00ed po\u010dtu imigrant\u016f, co\u017e N\u011bmecko zat\u011b\u017euje\u00a0<\/span><a href=\"https:\/\/www.welt.de\/wirtschaft\/article248386590\/Flucht-und-Migration-kosten-dieses-Jahr-fast-50-Milliarden-Euro.html\"><span dir=\"auto\">n\u00e1klady p\u0159ibli\u017en\u011b 50 miliard eur ro\u010dn\u011b<\/span><\/a><span dir=\"auto\"> .<\/span><\/p>\n<p><span dir=\"auto\">MMF z\u00e1rove\u0148 d\u016frazn\u011b varuje p\u0159ed dal\u0161\u00edm zvy\u0161ov\u00e1n\u00edm dan\u00ed z p\u0159\u00edjmu fyzick\u00fdch osob a p\u0159\u00edsp\u011bvk\u016f na soci\u00e1ln\u00ed zabezpe\u010den\u00ed, proto\u017ee jak\u00e9koli dal\u0161\u00ed zv\u00fd\u0161en\u00ed by oslabilo motivaci k pr\u00e1ci. Podle MMF by z hlediska v\u00fddaj\u016f, pokud by byl k dispozici jak\u00fdkoli man\u00e9vrovac\u00ed prostor, nazna\u010doval vy\u0161\u0161\u00ed ve\u0159ejn\u00e9 v\u00fddaje a ni\u017e\u0161\u00ed dan\u011b z p\u0159\u00edjmu.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-1185\" src=\"http:\/\/www.infokuryr.cz\/n\/wp-content\/uploads\/2021\/04\/kuryr-podpis.png\" alt=\"\" width=\"84\" height=\"24\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bez fisk\u00e1ln\u00ed korekce ve v\u00fd\u0161i p\u0159ibli\u017en\u011b 5 procent HDP by se podle MMF mohl pom\u011br&#8230;<\/p>\n","protected":false},"author":2,"featured_media":99576,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[3568,45,1504,84],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/99575"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=99575"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/99575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/99576"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=99575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=99575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=99575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}