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The ruling means there is a gap of at least EUR17bn (USD18.4bn) in next year’s spending that needs to be addressed. The coalition parties are divided on how to resolve the issue.
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DOI: 10.1108/OXAN-DB283925
ISSN: 2633-304X
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The debt brake, which places a strict limit on the issuance of public debt and reflects Germany's innate fiscal conservatism, is being challenged given COVID-19 disruption, a…
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