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Federal Reserve Bank of Richmond: 'The Debt Brake: Unsafe at Any Speed?'
June 24, 2025
RICHMOND, Virginia, June 24 (TNSLrpt) -- Germany's constitutionally enshrined "debt brake," once hailed as a model of fiscal prudence, is increasingly under fire for potentially stifling the nation's economic growth and hampering critical investments. An June 2025 analysis from the Federal Reserve Bank of Richmond suggests that while the rigid fiscal rule has curbed government debt, it may be "unsafe at any speed" in today's economic landscape.

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