Chancellor-designate faces opposition in his own party and a delicate balance in reconvened Bundestag, which must approve measures
Chancellor-designate faces opposition in his own party and a delicate balance in Bundestag, which must approve measures
More than 20 CDU parliamentarians spoke out at the meeting to challenge what one called a “black box”, worth at least €1 trillion, with no clear criteria on how the loans will be invested. Separately, a commission of experts will develop proposals to end the need for ad hoc measures by overhauling the debt brake, limiting Germany’s structural deficit to 0.35 per cent of GDP.
“What has played out in the last weeks in the USA has shaken our fundamental trust,” he said, “but we will train our muscles and find new strength.” A surge in support for the far-right and hard-left parties at last month’s election means mainstream parties lack this super majority in the new Bundestag, due to convene for the first time later this month.
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