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Economists’ proposal for up to €800bn of funding under review as part of coalition talks
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The economists’ proposal would be “a double bazooka”, said Armin Steinbach, professor of economics at HEC, referring to the term used for Chancellor Olaf Scholz’s stimulus during the Covid pandemic.
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More than 80 per cent of this fund, which expires in 2027, has been committed, but one option is to top it up. The two-fund package would be a rapid “political compromise” to avoid a more complex debt brake overhaul, Steinbach said.
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Access the full article here:
https://www.ft.com/content/1996c71b-f591-4bfd-b9ad-4d5671a2963a
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