
German Stocks Rise 3.3% as Debt Policy Overhaul, Defense Spending Increase; Deutsche Bank Soars 10.8%
TL/DR –
Germany is planning to overhaul its debt policy, which has led to a 3.3% rise in German stocks, with Deutsche Bank alone witnessing a 10.8% increase. Analysts are predicting this shift in fiscal policy could be a game changer for the country’s slow economy. The policy change has also led to a surge in European Steelmakers and an increase in defense spending in Germany.
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German Spending Boosts European Steel
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Historic Debt Change Likely to Increase German Defense Spending
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