Crunch Time In The Bundestag Tomorrow’s debate in the reconvened outgoing Bundestag – unless it is halted by the Constitutional Court – kicks off a constitutional amendment process that could, if successful, result in the largest fiscal expansion since German reunification (see here). However, the fiscal package is not yet a done deal, and below we provide an update of the latest events. At the time of writing, no compromise has emerged yet that would secure a two-thirds majority among CDU/CSU, SPD, Greens, and FDP. However, despite this legislative process being unusually expedited, it is still early days. Since tomorrow’s… — Continue at ZeroHedge News : Read More
