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German Greens party source says agreement reached on debt deal

Published by Global Banking and Finance Review

Posted on March 14, 2025

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BERLIN (Reuters) - An agreement has been reached on plans by German chancellor hopeful Friedrich Merz to massively ramp up public borrowing, a source from the Greens party said on Friday, adding: "We are satisfied."

Greens' support is seen as crucial to Merz's bid to pass the debt plan with a two-thirds majority in Germany's outgoing parliament.

(Reporting by Holger Hansen, writing by Rachel More, editing by Thomas Seythal)

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