Thursday, December 5, 2024
Uncategorized

Germany’s ruling coalition collapses over economic issues after finance minister sacked

On Wednesday, German Chancellor Olaf Scholz dismissed his finance minister and coalition partner, Christian Lindner, over disagreements on economic policy. The country will now be facing a snap election next year in a bid for more political stability. In this edition, we look at the issue at the heart of this split: Germany’s “debt brake”, which limits the country’s ability to borrow money and might have to be suspended in order to revive a struggling economy.

Leave a Reply

Your email address will not be published. Required fields are marked *