The article discusses The Independent's commitment to providing factual journalism during pivotal issues, such as reproductive rights and political changes in Germany. It highlights the significance of donations to fund reporting that is accessible to all, unlike paywalled news. It also covers the recent agreement between German political parties to loosen constitutional restrictions on borrowing, indicating a shift in Germany's historically cautious approach to debt, which had limited new borrowing to 0.35% of GDP since 2009 amid rising calls for economic reform.
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The debt brake was passed in 2009, reflecting skepticism about debt in Germany and limiting new borrowing to 0.35% of GDP, a tight constraint.
The two political parties expected to form the next German government have agreed to loosen the country’s constitution restrictions on borrowing, enabling substantial spending.
Intensifying debate over the debt brake throws into question the economic wisdom that has dominated Europe’s biggest economy, now fueling calls for reform.
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