You must NEVER relax the debt brake, Germany.

Relax Germany’s debt brake, says Angela Merkel – Former chancellor’s memoirs back reform of borrowing cap that she introduced into constitution.

Former chancellor Angela Merkel has called for Germany to relax its “debt brake”, in a sign of the growing political pressure to overhaul a borrowing cap that many economists say is too inflexible. 

Merkel, who served as chancellor between 2005 and 2021 and introduced the debt brake into Germany’s constitution, made the proposal for change in her autobiography Freedom: Memories 1954-2021.