German defence boost but no debt brake reform in outgoing parliament, Merz ally says
Germany's outgoing parliament could still greenlight a new special fund to boost defence spending but reforming strict limits on state borrowing will be deferred to the new one, a senior ally of election winner Friedrich Merz said on Tuesday.
Transcript: Germany’s debt brake problem
Laura Pitel Well, the first thing to say is that Merz’s CDU has always been very fiscally hawkish, and their manifesto says that they are opposed to changing the debt brake in any way. That has changed pretty dramatically less than 24 hours after the election result.
A widely-watched gauge of the attractiveness of German debt fell to the most negative on record as policymakers discuss ...
F RIEDRICH MERZ, who is likely to become Germany’s next chancellor, used his victory in Sunday’s elections to issue a ...
These safeguards — keeping annual deficits below 1.5 per cent in the long term, and reducing excess debt by at least half a percentage point per year — “bite more” for the likes of Germany, Finland ...
The outcome of the German election “has not resulted in a clear path to the constitution being changed to allow for a step ...
The Christian Democrat, whose party won the parliamentary elections, quickly began negotiating with the Social Democrats to ...
The next German government faces calls to loosen borrowing rules, slash energy costs and spur innovation. It won’t be easy.
Financial markets rose on the likelihood of a two-party coalition between the CDU/CSU and the SPD, with Germany's benchmark ...
The coalition’s economic measures and the prospect of an increase in the defence budgets of European states to around 3% of ...
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