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On Wednesday, German Chancellor Olaf Scholz dismissed his finance minister and coalition partner, Christian Lindner, over disagreements on economic policy. The country will now be facing a snap election next year in a bid for more political stability. In this edition, we look at the issue at the heart of this split: Germany’s “debt brake”, which limits the country’s ability to borrow money and might have to be suspended in order to revive a struggling economy.
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(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)