Debt and Financial Crisis

GERMAN Chancellor Friedrich Merz is struggling to convince the Bundestag parliament to accept his new government budget plan. He had just added Rp8,993 trillion to the debt.

Since 2009, Chancellor Angela Merkel has introduced the Schuldenbremse or debt brake aimed at preventing another monetary crisis. In late March 2025, the brake was loosened through an amendment to the German constitution, in order to renew infrastructure and help Ukrain

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.