Tuesday , 25 February 2025
Home Forex German’s Merz: It is ruled out in the near future that we will reform the debt brake
Forex

German’s Merz: It is ruled out in the near future that we will reform the debt brake

There is some buzz following the German election about higher spending and the removal of the debt brake. CDU leader and (almost surely) incoming Chancellor Merz is now pouring some cold water on that, saying it’s ruled out in the “near future” to reform the debt brake. He called it a “complex task”.

The euro has stumbled on that. It could cool the DAX as well (which is at the highs at the moment).

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Fed’s Barr: Monetary policy is tied to financial stability

This speech is focused on managing financial crisis'.Clear external communication, when grounded...

European equity close: Stock markets hold the line even as the US sinks

Closing changes:Stoxx 600 +0.1%German DAX -0.1%France CAC -0.5%UK FTSE 100 +0.1%Spain IBEX...

Reserve Launches Index Protocol; Bloomberg Indices, CoinDesk Indices, and MarketVector

Reserve Index Protocol introduces DTFs, allowing anyone to create, trade, and redeem...

USDCAD makes a break higher and moves back above swing area/100 bar MA

. USDCAD: The pair is breaking higher, reclaiming both the 100-bar MA...