Reported about 7 hours ago
The Bundesbank has proposed easing Germany's constitutional borrowing limits to create up to €220 billion ($232 billion) in fiscal space by 2030, primarily to enhance infrastructure and military investment. The central bank suggests increasing the structural net borrowing ceiling to 1.4% of GDP as long as the debt ratio remains below 60%, and emphasizes the need for sound public finances while addressing urgent national investment needs. This proposal comes amid a heated political debate on public spending, particularly in light of ongoing economic pressures and security concerns in Europe.
Source: YAHOO