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Germany got $1 trillion for free: Deutsche Bank Chairman Alexander
short by Pragya Swastik / on Thursday, 27 March, 2025
Germany is getting €1 trillion ($1.1 trillion) in additional funding virtually for "free" as bond markets reacted positively to its "historic" spending, Deutsche Bank Chairman Alexander Wynaendts said. Germany now needs to spend money wisely and advance structural reforms, he added. His remarks came as Germany unlocked hundreds of billions of euros in debt-financed defence and infra spending.
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