Reuters exclusively reported that three German parties working to form a new coalition government are discussing higher federal borrowing next year to allow a one-time, multi-billion-euro injection into the government’s climate investment fund. The center-left Social Democrats, the ecologist Greens and the pro-business Free Democrats face a massive spending problem as they agreed in exploratory talks to return to strict debt limits from 2023 and avoid tax increases.
Business & FinanceEnergyEnvironment
Reuters exclusively reports German coalition parties mull more debt to super-charge climate fund
02 November 2021, 4:12 pm 1 minute
Article Tags
Topics of Interest: Business & FinanceEnergyEnvironment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Europe
Countries: Germany
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story