Kommentar: Raus aus der Schuldenfalle – Merz muss seine Finanzpolitik korrigieren
Deutschland läuft ungebremst in eine Schuldenkrise. Merz muss seinen Paradigmenwechsel in der Finanzpolitik korrigieren. Auch wenn er seiner Partei damit abermals viel zumuten muss.
Friedrich Merz, the German Chancellor, wants to send a message with the Cabinet Resolution. The "Autumn of Reforms" is finally set to arrive, a year late, with reforms promised in the coalition to be implemented quickly. The agenda includes "Deep Dives" into competitiveness, technology policy, or bureaucracy reduction. This is good, but one crucial matter is missing from the agenda: the excessive debt policy.
At the very least, with interest rates for debt hitting their highest in 15 years last week, the final decision in the government must soften its stance: it cannot go on like this. If the federal government does not correct its course in financial policy, Germany will end up in a debt trap. Merz must correct his paradigm shift in financial policy immediately.
And that is necessary. When the German government reformulated the debt brake in 2025, it received much praise. Finally, Germany also drew the necessary consequences financially from the turnaround initiated by Olaf Scholz. The fact that the Bund could finance defense spending indefinitely was considered smart, hiding from Vladimir Putin the actual financial strength of Germany.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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