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Merz's €172 Billion Budget Hole Builds Pressure for Debt Reform

Merz's €172 Billion Budget Hole Builds Pressure for Debt Reform

Bloomberg3 days ago
A €172 billion ($199 billion) hole in Chancellor Friedrich Merz's financial plans is increasing pressure for even deeper reforms of Germany's constitutional debt restrictions.
The shortfall, spread over the next four years, will be set out in the medium-term financial plan that the German cabinet is set to approve Wednesday, along with the budget for 2026.
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