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Financial Times: German Council of Economic Experts Urges Control Over Defense Borrowing
According to the *Financial Times*, the German Council of Economic Experts has urged Friedrich Merz to rein in defense borrowing, recommending that military spending be gradually funded through the regular budget to prevent the debt-to-GDP ratio from rising to 98% by 2040. The 98% figure represents a future risk scenario cited in the report rather than Germany's current debt ratio, and the content reflects expert recommendations rather than official government adoption.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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