MNI BRIEF: Germany Submits 7Y Debt Plan To European Commission
Jul-21 11:47By: David Thomas
Fiscal Policy+ 1
Germany submitted its long-awaited debt sustainability plan to the European Commission last Thursday, requesting an extended seven- as opposed to four-year plan, MNI understands.
The extended seven-year plan option allows countries to implement structural reforms and investments.
The German debt plan has been long delayed because of recent federal elections and the formation of a new coalition government.
