Debt crisis
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Germany
European stocks, euro rally as Germany strikes historic debt deal
Germany’s next chancellor, Friedrich Merz, struck a deal to loosen borrowing limits, unleashing €500 billion for defence and infrastructure. Markets…
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Germany
Chancellor hopeful Merz open to reform of Germany’s debt brake
The CDU leader said that Germany may need to loosen its debt limit to finance defence spending, although other solutions…
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United States
US Senate avoids default in vote on debt ceiling and spending cuts
The US Senate has avoided a government default by passing a bill to lift the debt ceiling and introduce spending…
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