Reuters
German Chancellor Olaf Scholz and Finance Minister Christian Lindner both expressed scepticism on Tuesday about reforming the country's 'debt brake', but Bundesbank president Joachim Nagel said he saw scope for adjustments. A reform of the constitutionally enshrined debt brake, which limits public deficits to 0.35% of gross domestic product, would require a two-thirds majority in the upper and lower houses of parliament, but some regional politicians have recently raised the possibility. "In this respect, I am concentrating on the options for action that we have now," said Scholz, a Social Democrat, adding that debate on the matter should be conducted in a non-partisan way.