German Greens party source says agreement reached on debt deal
Tweet
Share
E-mail
Germany's chancellor-in-waiting and leader of the Christian Democratic Union party (CDU) Friedrich Merz speaks during an extraordinary meeting of the German Bundestag to discuss a €500-billion infrastructure fund and a revamp of borrowing rules aimed at
BERLIN (Reuters) - An agreement has been reached on plans by German chancellor hopeful Friedrich Merz to massively ramp up public borrowing, a source from the Greens party said on Friday, adding: "We are satisfied."
Greens' support is seen as crucial to Merz's bid to pass the debt plan with a two-thirds majority in Germany's outgoing parliament.
(Reporting by Holger Hansen, writing by Rachel More, editing by Thomas Seythal)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US Treasury to stick to debt auction schedule despite bigger buybacks, Bessent says
- Hyundai Motor's union reaches tentative wage deal with management, Yonhap reports
- Trump's approval holds at record low as US support for Iran war falls, Reuters Ipsos poll finds
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
