Germany Has Traded Austerity for a Mess

Analysis Germany Has Traded Austerity for a Mess The German government has finally revised its debt rules—by making them more confusing. By Philippa Sigl-Gloeckner, the managing director of Dezernat Zukunft, a German macrofinance think tank. The leader and top candidate for Chancellor of Germany’s Christian Democratic Union (CDU) Friedrich Merz gestures on stage during a…

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