Germany's Greens withhold backing for debt brake reforms for now
Germany's Greens withhold backing for debt brake reforms for now
Published by Global Banking and Finance Review
Posted on March 5, 2025
Published by Global Banking and Finance Review
Posted on March 5, 2025
BERLIN (Reuters) - Germany's Greens will negotiate hard before potentially giving their much-needed backing to debt reforms proposed by the conservatives and Social Democrats, parliamentary co-leader Katharina Droege said on Wednesday.
The conservatives and SPD, who are in talks to form a government after an election last month, need the Greens to reach the two-thirds majority needed in parliament to pass their plans to reform the debt brake and create a 500 billion euro fund for infrastructure.
"Whether we will ultimately approve these constitutional amendments remains open," Droege told reporters. "We have a number of questions, and you know that we also have our own stance on what is necessary now."
(Reporting by Riham Alkousaa and Sarah Marsh, editing by Rachel More)
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