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Germany’s Debt Brake Deadlock

In Berlin, a government-appointed commission of 15 members failed to agree on a reform concept for Germany’s constitutionally enshrined debt brake (Schuldenbremse), according to reporting by Der Spiegel. The fiscal rule has long divided German politics, and the commission’s inability to produce a consensus underscores just how intractable the debate remains — with major implications for Europe’s largest economy and its capacity to invest in defense, infrastructure, and the green transition.

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