Germany calls for easing of EU fiscal rules ahead of European emergency summit

According to reporting from Bloomberg, Germany's envoy to Brussels urged the EU on Wednesday to ease its fiscal rules in order to allow for more defence expenditure to counter Russia. This would mark an important policy shift for a country known for financial restraint, and follows plans to change Germany's own strict fiscal rules. Also in this edition, the EU unveils a new plan to boost its struggling auto industry.

Mar 6, 2025 - 07:00
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Germany calls for easing of EU fiscal rules ahead of European emergency summit
According to reporting from Bloomberg, Germany's envoy to Brussels urged the EU on Wednesday to ease its fiscal rules in order to allow for more defence expenditure to counter Russia. This would mark an important policy shift for a country known for financial restraint, and follows plans to change Germany's own strict fiscal rules. Also in this edition, the EU unveils a new plan to boost its struggling auto industry.
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