The two political parties expected to form the next German government have agreed to significantly loosen the country’s ...
Germany's constitution mandates balanced budgets with minimal borrowing, a principle known as the 'debt brake'. Exceptions, ...
The conservatives and the Social Democrats (SPD) agreed to seek a loosening of Germany's debt brake to allow higher defence ...
Suddenly, Germany’s probable new chancellor, Friedrich Merz, has done what seemed impossible. Together with his fellow centrist leaders, he has unveiled a plan to override a long-running constraint on ...
But the conservatives, SPD and Greens still need the backing of one more party for it to pass the Bundesrat: that could be ...
The debt brake was a nice idea when it was introduces in 2009, but if there was ever a time for Germany to use debt spending ...
The parties hoping to form Germany’s next government have agreed to overhaul borrowing rules and create a €500 billion ($536 billion) infrastructure fund in a tectonic spending shift to revamp the ...
The conservatives and the Social Democrats agreed to seek a loosening of Germany's debt brake to allow higher defence ...
The implied extra borrowing via debt markets caused bond prices to tumble and yields to spike on Wednesday. Germany's 10-year ...
BERLIN (Reuters) - Germany's Greens will negotiate hard before potentially giving their much-needed backing to debt reforms ...
Intensifying debate over the debt brake throws into question the economic wisdom that has dominated Europe’s biggest economy and one of the world’s wealthiest countries - but more recently has ...
Here are key facts about the debt brake and what the changes will mean for Germany and Europe. The debt brake was passed in 2009, when a global financial crisis led to sharp increase in government ...