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GERMANY: Black zero, not debt brake is the true signpost

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A renewed debate has emerged about the infamous debt brake after, in a newspaper op-ed, the chief of Angela Merkel’s chancellery argued for changing the constitution to effectively abandon the rule. This, however, remains highly unlikely. Instead, the more interesting question is...

 

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GERMANY: Black zero, not debt brake is the true signpost

A renewed debate has emerged about the infamous debt brake after, in a newspaper op-ed, the chief of Angela Merkel’s chancellery argued for changing