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Germany's chancellor-in-waiting Friedrich Merz and the Greens have agreed on a massive increase in state borrowing to boost ...
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Leaders of the likely incoming coalition government announced plans to reform the debt brake and create a special investment ...
It’s a major change in Germany’s debt-averse political culture, rejecting conventional economic wisdom that long dominated Europe’s biggest economy and one of the world’s wealthiest countries.
But "such an increase in spending would support economic growth beyond 2026, Germany's main credit constraint," added the agency, which also felt that the announced legislative package has sent ...
Under the prospective coalition's plans, Germany's strict cap on borrowing known as the 'debt brake' would be amended in the constitution to exempt defence expenditure above 1% of economic output.
Germany to Ease Government Debt Limits in Major Step Aimed at Boosting Economy, Defense Spending FRANKFURT, Germany (AP) — The two political parties expected to form the next German government ...
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