Moneycontrol | Germany finally shakes off its fiscal straitjacket to cope with tectonic shifts

In an opinion column for MoneyControl, Vanshika Saraf talks about how Germany finally shakes off its fiscal straitjacket to cope with tectonic shifts. Her main argument? Both houses of Germany’s Parliament have approved carveouts in the country’s restrictive “debt brake” in the wake of mounting economic and geopolitical challenges. For Washington, it offers a much-needed “burden-sharing” partner. For Russia and China, it is a clear signal that Europe is mobilising for long-term strategic competition.

Read the full piece here.