Christian Democratic Union

Germany’s Bundestag Approves ‘Debt Brake’ Reform, Paving Way for More Government Borrowing

Germany’s lower house of parliament, the Bundestag, on Tuesday approved amendments to the country’s constitution that will allow future federal and state governments to take on more debt, DW reported. The reform, aimed at revising Germany’s so-called “debt brake”—a set of fiscal rules that limited government borrowing—passed with broad support...