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International Business Times
International Business Times
Science
Sebastien ASH

UNBELIEVABLE: Stretched to breaking germany s debt rule faces reform - The Untold Story

Germany's ruling coalition is divided over whether to reform controversial debt rules (Credit: AFP)

Germany's strict constitutional debt rule faces an overhaul after a shock court ruling blew a hole in the budget and left the government scrambling to make its sums add up.

Economic experts and figures within Chancellor Olaf Scholz's Social Democrats have since been calling for reform of the "debt brake", which limits new borrowing to 0.35 percent of output each year.

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