German Coalition to Stick With Debt Restrictions Next Year.

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      Germany's ruling coalition has agreed to maintain restrictions on new borrowing next year, according to sources familiar with the deal. Chancellor Olaf Scholz, Economy Minister Robert Habeck, and Finance Minister Christian Lindner will assess the availability of funds to support Ukraine's defense against Russia's invasion and decide whether to lift the debt brake next year if necessary. The coalition was forced to revise the federal government's finance planning due to a recent budget ruling by the country's top court. A news conference will be held to provide further details of the agreement. [Extracted from the article]
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