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Germany's debt brake debate heats up amid Iran war economic fears

A bold call to suspend fiscal rules divides Germany's political elite. Could the Iran war's fallout force a historic shift in economic policy?

The image shows an old map of the city of Weimar, Germany, with text written on it. The map is...
The image shows an old map of the city of Weimar, Germany, with text written on it. The map is detailed, showing the streets, buildings, and other landmarks of the area. The text on the map provides additional information about the city, such as its population, landmarks, and streets.

Berlin. In the debate sparked by SPD parliamentary group leader Matthias Miersch over a potential suspension of Germany's debt brake due to the Iran war, the Bundestag's director of proceedings, Dirk Wiese, has rejected criticism from the CDU. Speaking to the Rheinische Post, Wiese stated: "This is not laziness—it's forward-looking crisis preparedness."

Germany's debt brake debate heats up amid Iran war economic fears

He added: "That's why it's also right not to take any option off the table prematurely." Wiese agreed with Miersch's assessment that "the consequences of Trump's war could prove far more severe for global supply and value chains." He noted that this had been evident for weeks "at gas stations, as well as in shortages of aluminum and helium."

Miersch had proposed suspending the debt brake if the Iran war—and the resulting economic crisis—persists. In response, CDU General Secretary Carsten Linnemann told Bild: "Calling for new debt now is a sign of political laziness."

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