Quotes
How absurd is this? A week ago, 50 million people went to the polls, elected a new Bundestag, and then they [CDU/CSU and SPD] come along and say that the majorities don’t suit us, and we will quickly use the old Bundestag to make a decision. I don’t think that’s very democratic."
Jan van Aken, co-chairman of Die Linke, said
If Germany starts borrowing on this scale, it gives the green light for other eurozone nations to do the same. The EU’s entire financial system is based on the idea that Germany is the responsible one - but what happens when Germany stops playing by the rules?”
Mr Lyddon addedThis is a political timebomb leading to an economic earthquake. Germany is effectively rigging its own system to allow borrowing on a scale never seen before. Once you remove constitutional safeguards like the Debt Brake, the floodgates are open.”
He saidThey are using MPs who have already been voted out to change the constitution. If this happened anywhere else, the EU would be up in arms. Instead, Brussels is cheering it on.”
He saidI would say April is pretty much up in the air and reasons for a pause have actually grown quite a bit,
said Bas van Geffen, senior macro strategist at Rabobank
It is now more or less a given that we're going to get the deal, and when we talked two days ago there was still a big chance of failure,
said Carsten Brzeski, global head of macro at ING, who expects German growth to pick up in the second half of the yearIn view of the alarming security situation in Europe in every respect and the growing economic challenges in our country, far-reaching decisions … cannot be postponed any longer,
he told lawmakers
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Any further delay” in boosting [defence] spending “would be irresponsible
Merz said during a parliamentary debate on ThursdayOverall, it's a good thing. It will unlock growth for Germany and more importantly, it will possibly unlock a new economic paradigm for Europe,
George Lagarias, chief economist at Forvis Mazars, said
I think Trump 2.0 is nothing like Trump 1.0,
Michael Strobaek, global chief investment officer at Lombard Odier, said
What would be interesting to see is if the 3% ceiling for Bund yield breaks before these plans come into fruition,
said Richard McGuire, head of rates strategy at RabobankGerman politics is in cliffhanger mode, with time quickly running out,
said think tank Eurasia, revising down the probability of a deal to 65% from 85% previouslyIn my view, there are possible solutions,
Merz told state broadcaster ZDFLarge-volume special funds and exemptions from the debt brake give some people the deceptive impression that there are no financing bottlenecks,
he said in a speech in Berlin
It is a clear message to our partners and friends but also to our opponents and to the enemies of our freedom,
he said
I will negotiate until the end for climate protection to play an appropriate role in this country,
Dröge said during the debate Thursday
What more do you actually want in such a short time span than what we have suggested to you in the talks over the last few days?”
In light of that delicate time frame, a note of desperation crept into Merz’s appeal to the GreensDo you seriously believe that the American government at the NATO summit in The Hague at the end of June will agree to continue doing everything the same way in NATO if Germany — together the European NATO partners — are not prepared to take a new path?”
He addedBut that does not mean climate protection in name only. And it doesn’t mean playing tricks,
she added referring to concerns that the €50 billion earmarked for green investments be shifted from existing funds without freeing up new money for climate investmentsWe (Germany) have been stagnating for five years. We are entering dirty tariff wars with the US, geopolitical tensions, and Donald Trump doesn't negotiate with losers. So, we only can basically push through our interest if we bargain from a position of economic strength,
Südekum said