Germany has finally decided to start spending. Is this going to save its stagnating economy? The new fiscal package is the biggest economic policy test in post-War German history. Now it’s crucial that the government avoids any mistakes.
Germany has finally decided to start spending. Is this going to save its stagnating economy? The new fiscal package is the biggest economic policy test in post-War German history. Now it’s crucial that the government avoids any mistakes.
Now that the U.S. has relinquished its role as “leader of the free world,” Europe is on its own. But that doesn’t mean it’s out of options, writes former German diplomat and ambassador Hans-Dieter Heumann.
It is now clear that Germany needs to invest a lot more money in defense. Friedrich Merz, who is likely to be Germany’s next chancellor, has yet to come up with a plan to do this.