Germany’s Push to Loosen EU Fiscal Rules Is Gathering Momentum
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The European Union is moving toward easing its fiscal rules to allow for more defense spending after a U-turn from Germany won support from some traditional opponents of increasing borrowing.
With EU leaders gathering in Brussels Thursday to discuss their response to Donald Trump’s push for a settlement on Ukraine, there’s a growing consensus among member states that they should explore changes to the so-called Stability and Growth Pact, people familiar with the matter said.