The Bundesbank is expanding its reform proposals for central government’s debt brake. With regard to the debt ratio, Germany is doing well by international standards. Our reform proposal for the debt brake preserves sound public finances whilst at the same time facilitating urgently needed investment, Bundesbank President Joachim Nagel said. The concept supports measures needed to strengthen infrastructure and defence whilst ensuring sustainable public finances over the long term, in line with European rules.

Professor Dr. Hermann Remsperger, Mitglied des Vorstands der Deutschen Bundesbank, Bank of Finland