www.zerohedge.com By Tyler Durden
By Erik-Jan van Harn, Macro Strategist at Rabobank
Summary
- The top court in Karlsruhe has now overruled the German government on relabelling EUR60bln in covid funds, which directly puts projects championed by the coalition at risk.
- There are risks to the survival of the ‘Traffic light’-coalition, but we expect them to survive.
- The ruling could call other funds, particularly the WSF, into question as well
- The court ruling could restart about discussion on the debt brake, although abolition is unlikely.
Read Full Article Here…(zerohedge.com)
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