Germany's March change to the debt brake relieved financing constraints and made debt issuance possible for defense and (for some time) infrastructure, but the appetite to take the next step toward European joint issuance and integration remains limited.

factualpending

Speaker

Moritz Schularick

Evidence Quote

the appetite to go the next step in terms of European joint issuance integration is I think right now unfortunately still limited.

Source

The changing dollar regime: An updatePeterson Institute for International Economics
Created: 6/18/2026, 1:57:48 PM

My Notes

Loading notes...