Tag Archives: German plans in policy

German plans to spend more shouldn’t be seen as major U-turn in policy

This comes as the German government’s borrowing costs have hit new lows and some experts predict a recession is on the horizon.
Since 2014, the largest European economy has managed to raise public spending without adding new debt — registering a record budget surplus of 58 billion euros ($65 billion) in 2018.
However, politicians across the various parties in the Bundestag are wary of using that buffer to spend more due to public opinion.