Head of Germany's SPD sees 'good starting point' for reforming debt brake
The leader of Germany's main governing Social Democratic Party (SPD) sees a "good starting point" for reforming the nation's spending cap, known as the debt brake, and said that such a move would not have to wait until the formation of a new government.
EXPLAINED: Why Germany may finally reform its debt brake
After being against a reform of Germany's controversial 'debt brake', which limits government borrowing, for years, conservative politicians now say they are open to changing it. Are we about to see it changed - and why does it matter?
Germany's SPD Calls for Debt Brake Reform
The leader of Germany's Social Democratic Party, Lars Klingbeil, urges reform of the nation's debt brake, emphasizing the need for a responsible compromise with the Christian Democrats. He underlines the urgency of seizing this moment as an opportunity for the democratic parties to bring about significant change.
German opposition leader Merz says debt brake can be reformed
The leader of the conservative Christian Democrats (CDU) Friedrich Merz said the debt brake, which limits public deficit to 0.35% of gross domestic product, can be reformed. "Of course it can be reformed,
Germany's Opposition Leader Merz Launches Election Bid
Germany's Conservative candidate for chancellor Friedrich Merz launched his election bid and said he's open to reforming the nation's strict borrowing limits as long as additional debt-financed spending is used for investment.
Germany Faces Debt Brake Dilemma Amidst Ukraine Crisis
Germany's Chancellor Olaf Scholz advocates reforming the constitutional 'debt brake' amidst financial pressures from the Ukraine war. The conservative opposition hints at reform possibilities. After a coalition collapse,
Germany's Merz open to reforming debt brake on government spending
German opposition leader Friedrich Merz said on Wednesday he was open to reforming the country's constitutional brake on government spending. Merz, widely seen as the favourite to succeed Chancellor Olaf Scholz after next year's parliamentary elections,
Germany's debt brake has resulted in huge lack in investment, says founder of think tank Dezernat Zukunft
Glöckner, the founder and managing director of the think tank Dezernat Zukunft, discusses problems with Germany's debt brake ...
Germany needs to step up its role in defence as U.S. may do less in Europe, minister says
Germany needs to step up its role in defence if the U.S. is to focus less on Europe, defence minister Boris Pistorius said on ...
Germany Must Overhaul Debt Rules To Boost Economy: Experts
Germany must reform strict rules that limit borrowing in order to boost spending in key areas, otherwise Europe's top economy risks further stagnation, an influential group of experts said on ...
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Germany’s CDU chancellor hopeful signals openness to ‘debt brake’ reform
“Only the first 20 articles of our Basic Law are unchangeable, everything else can of course be discussed,” said Merz. “Of ...
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What is Germany's debt brake?
Germany's government collapsed because of a rift over the country's so-called debt brake that Finance Minister Lindner reportedly refused to soften to plug a €10 billion budget gap. So ...
Merz Opens Door to Reform Germany’s Strict Borrowing Limits
Conservative chancellor candidate Friedrich Merz said he’s open to reform Germany’s strict borrowing limits as long as ...
Germany’s normally stable government has collapsed. Here’s why
Germany’s governing coalition has collapsed after disagreements over the country’s weak economy led Chancellor Olaf Scholz to ...
Facing economic challenges, Germany heads for February snap election
Germany is set to hold fresh elections on February 23, eleven weeks after the collapse of Chancellor Olaf Scholz's governing ...