Germany, traditionally known for its strict fiscal policies under the 'debt brake', may soon pivot towards a more flexible economic approach post-election. As it faces recession, major political parties are advocating for measures to spark growth, including tax cuts and increased spending. Carsten Brzeski from ING highlighted the transition from prioritizing fiscal discipline to recognizing the need for growth-oriented strategies. With a potential shift in leadership towards the CDU, Germany's economic policies could reflect a significant departure from its past.
Each of the major parties has promised to revive the economy, with policies either to slash taxes or drastically increase spending to stimulate growth.
Collection
[
|
...
]