EuropeNews
Germany’s coalition argues over how to fund defence and infrastructure
Partners disagree on whether new borrowing or spending cuts should carry the next budget.
Partners disagree on whether new borrowing or spending cuts should carry the next budget.
Policymakers are signalling they would rather move too late than reverse course.
Governments want more of the value chain at home. Investors want stable rules. Both may have to compromise.
Coalitions of willing lenders can move faster than global negotiations, and the countries most exposed cannot afford to wait.
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