Even though it is financed by loans, the costs will fall on the working class—in the form of wage cuts, social cuts, the ...
BERLIN, March 13 (Reuters) - A senior Greens legislator said there would still be a sufficient, albeit different, majority to reform Germany's debt brake once the newly elected parliament had been ...
Yields on safe-haven German bonds, which move inversely to prices, inched higher. ALL ABOUT THE DEBT BRAKE Reflecting lingering investor caution, the euro - which briefly touched one-month highs ...
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.
LONDON, Feb 18 (Reuters) - Sunday's German election ... Whether those in power can reform the country's self-imposed debt brake to allow more spending that lifts economic growth is in focus.