German Government Unveils 2027 Budget with Over €200B New Debt Tamás Orbán July 6, 2026 The German welfare state is becoming unaffordable as debt servicing alone is set to surpass €80 billion by 2030.
ECB Rate Cut Aimed at Debt-Drowning Member States Sven R. Larson June 9, 2025 In a stunning admission, the central bank concedes that more public debt is the only path to more economic growth in the euro zone.
Germany’s Spending Spree Could Hinder EU Neighbors’ Defense Upgrades Michael Curzon April 2, 2025 As the EU’s benchmark borrower, Germany has dealt a blow to its bloc neighbours by massively upping spending on defence.
“Orgy of Debt”: German Bundesrat Backs Merz Spending Plans Zoltán Kottász March 21, 2025 Centre-right leaders join the incoming chancellor in blaming Washington and Moscow for Germany’s massive future borrowing.
Bundestag Betrays Voters and Approves €1 Trillion Debt Deal Zoltán Kottász March 18, 2025 The German centre-right and the left-wing parties bypassed the newly elected parliament to vote for Friedrich Merz’s spending spree.
Draghi: Joint Debt Not Essential for EU Plan Tamás Orbán October 1, 2024 Former ECB chief tries to salvage his report after key parts were rejected by EU members.
Euros & Dollars: America’s Creditors Are Getting Uneasy Sven R. Larson February 8, 2024 There are two quiet trends at work in the market for U.S. debt that analysts normally do not pay attention to. They should: if these trends continue, there will be turmoil in the market.
Euros & Dollars: U.S. Congress Wasted Another Year Sven R. Larson December 27, 2023 The growth in debt will only stop when the U.S. government is struck by a real fiscal crisis. Nothing else will work.
The EU Taxman Cometh Sven R. Larson October 12, 2023 The EU wants to levy its own taxes. Here is why that is a bad idea.
Bruegel: EU Commission’s New Debt Rules “Unrealistic” Tamás Orbán September 23, 2023 New rules aim to make member states more resilient in the face of economic crises and increasing debt sustainability across the bloc.
