The leader of Germany's conservative Christian Democrats (CDU) Friedrich Merz said on Wednesday he could be open to reforming the debt brake, which limits the public deficit to 0.35% of gross domestic product,

Conservative chancellor candidate Friedrich Merz said he’s open to reform Germany’s strict borrowing limits as long as additional debt-financed spending is used for investment.

German opposition leader Friedrich Merz has welcomed his party's agreement with Chancellor Olaf Scholz's coalition government to hold early elections in February. "February 23 is a good solution," Merz said in Berlin on Tuesday after a meeting with lawmakers from his Christian Democratic Union (CDU) and its Bavarian sister party,

The collapse of Germany’s ’traffic light’ coalition government headed by Chancellor Olaf Scholz has thrown the focus on opposition leader Friedrich Merz. The 68-year-old, who leads the Christian Democratic Union (CDU),

A new government beckons in Germany after the implosion of its ruling coalition, but it will face the same question: whether to allow higher public borrowing to prop up the flagging economy.

German opposition leader Friedrich Merz said on Wednesday he was open to reforming the country's constitutional brake on government spending. Merz, widely seen as the favourite to succeed Chancellor Olaf Scholz after next year's parliamentary elections,