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OSW Commentary |
| Aleksandra Kozaczyńska
According to the government forecast, the German economy will remain stagnant in 2025, marking the third consecutive year without GDP growth. The CDU/CSU–SPD coalition faces the urgent task of implementing comprehensive reforms aimed at…
OSW Commentary |
| Aleksandra Kozaczyńska
The debt brake (Schuldenbremse) is a German constitutional rule introduced during the global financial crisis in 2009 to ensure the country’s financial stability. Under this mechanism, the annual federal deficit cannot exceed 0.35% of GDP…