My view on the debt brake reform in Bloomberg.
This is the real deal. Crux is now to spend it well but Germany - being Germany - already thought about governance.
https://www.bloomberg.com/news/articles/2025-03-04/germany-will-set-up-500-billion-special-defense-fund?srnd=homepage-europe
This is the real deal. Crux is now to spend it well but Germany - being Germany - already thought about governance.
https://www.bloomberg.com/news/articles/2025-03-04/germany-will-set-up-500-billion-special-defense-fund?srnd=homepage-europe
Comments
“The massive shift in fiscal policy likely gives the struggling German economy a shot in the arm. A jump in defence spending might provide a cyclical boost, the proposed infrastructure package could deliver notable potential output gains in the long run.”