For a long time, the traffic light parties did not agree on the question of reforming the EU debt rules.
(Photo: Reuters)
It has been a long time before the German government has finally taken a position in the debate about reforming the European debt rules. Since taking office, Federal Finance Minister Christian Lindner has made it clear what he and the federal government cannot do, such as abolishing or raising the existing debt ceiling of 60 percent of gross domestic product. What specific changes Berlin is willing to go along with has so far remained vague.
This was also due to the fact that the traffic light coalition did not agree on this issue. The Greens have significantly fewer problems with the looping of the debt rules than the FDP, which insists on stability. The fact that the Chancellery, finance and economics ministries have now been able to agree on a position is a hopeful sign for the traffic light coalition that has been constantly at odds.
>> Read here: Federal government draws red lines on EU debt rules
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