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 ...

"The result of the discussions on the special infrastructure fund and the reform of the debt brake is a real game-changer. If they succeed, the German economy's stagnation could soon be over.

while stock futures rose and the euro rallied after two main German political parties agreed to debt brake reform and a 500 ...

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

"The result of the discussions on the special infrastructure fund and the reform of the debt brake is a real game-changer. If they succeed, the German economy's stagnation could soon be over.

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 ...