or "Länder" in German. The requirement was introduced during the 2009 global financial crisis. The debt brake became legally binding for the federal government in 2016 and for the states in 2020.

Even though it is financed by loans, the costs will fall on the working class—in the form of wage cuts, social cuts, the ...

Germany has just announced another “Zeitenwende”: a turning point when long-held beliefs are abandoned in favour of new, more ...

On Tuesday, 18 March 2025, Germany’s lower house emphatically through constitutional changes, allowing billions in borrowing ...

A view shows the Reichstag building, the seat of the German parliament, the Bundestag, in Berlin 33,580 people played the daily Crossword recently. Can you solve it faster than others?33,580 ...

FILE PHOTO: A view shows the Reichstag building, the seat of the German parliament, the Bundestag, in Berlin, Germany, March 5, 2025. REUTERS/Liesa Johannssen/File Photo UPDATED Mar 13, 2025, 07:50 PM ...

EXCLUSIVE: Germany's plan to bypass its newly elected Bundestag to lift the Debt Brake has sparked outrage, with critics ...

As the EU publishes a new white paper on reforming defence, there are clear priorities to make Europe a stand-alone military ...

Details have not been disclosed, but it is clear that the "debt brake", which prevented Germany from borrowing above a certain percentage, specifically 0.35 percent of GDP, will either be removed or ...