Germany’s ‘whatever it takes’ moment: Fiscal bazooka ignites market rally
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Euronews.com
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Germany is initiating a significant fiscal overhaul, including a €500 billion infrastructure fund and increased defense spending, which could reshape the European economy. This shift is expected to boost investor confidence and economic growth, with European equities and defense stocks seeing substantial gains. The CDU/CSU and SPD coalition is pushing this unprecedented fiscal package through the Bundestag, aiming to pass it before the new parliament convenes. Analysts predict this could lead to a historic U-turn in Germany's economic policy, enhancing growth prospects for Germany and the eurozone. Teljes cikk (Euronews.com)