Reuters exclusively reports German coalition parties mull more debt to super-charge climate fund

Reuters exclusively reported that three German parties working to form a new coalition government are discussing higher federal borrowing next […] The post Reuters exclusively reports German coalition parties mull more debt to super-charge climate fund appeared first on Reuters News Agency.

Reuters exclusively reports German coalition parties mull more debt to super-charge climate fund

Reuters exclusively reported that three German parties working to form a new coalition government are discussing higher federal borrowing next year to allow a one-time, multi-billion-euro injection into the government’s climate investment fund. The center-left Social Democrats, the ecologist Greens and the pro-business Free Democrats face a massive spending problem as they agreed in exploratory talks to return to strict debt limits from 2023 and avoid tax increases.

The post Reuters exclusively reports German coalition parties mull more debt to super-charge climate fund appeared first on Reuters News Agency.