Germany’s debt brake problem

Incoming chancellor Friedrich Merz says he will try to adopt a constitutional change in the next 30 days

Topics

Willingness to ease off ‘debt brake’ may decide the German election

Rule dating from 2009 that limits borrowing looks vulnerable as main political parties promise to revive stalled economy. Germany is used to running its economy with the brake on. Ever since the ...
The Guardian - 3d
Merz examines using outgoing parliament to loosen debt brake

German election winner says he will hold talks with other parties to adopt constitutional change in next 30 days
Financial Times - 12h
Why Germany’s debt rules are a bellwether for EU defence spending

Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?
Financial Times - 1h
Apple’s Vision Pro has a problem a year into its existence: Not enough apps

Apple said in August that the Vision Pro had 2,500 apps. According to one firm's analysis, fewer than 1,900 remain active.
CNBC - 3d
Court Approves $795 Million Debt Deal for Spirit Airlines

A U.S. Bankruptcy Judge approved the Spirit Airlines’ restructuring proposal.
Inc. - 4d
Debt forgiveness vs. Chapter 11 bankruptcy: How to choose the best option

Knowing the difference between these options could be key to successfully getting rid of your debt.
CBS News - 3d
Debt and Mental Health: How One Couple Found Help

People who find themselves in financial trouble sometimes consider taking drastic measures when their situation appears hopeless. But there is always a way out.
The New York Times - 1d
Debt and defence headache for Merz after AfD and far left make gains

Election winner could struggle to reform strict borrowing rules due to opposition in next parliament
Financial Times - 1d
How much of your paycheck should go to credit card debt?

If you put more than this amount toward credit card debt each month, you may want to consider other solutions.
CBS News - 13h

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