German govt source rejects report saying berlin backs joint EU debt for loans to ease energy crisis? – by fx_ross Germany EURUSD Politics Oil
, whereby it was stated that Germany has reportedly agreed to back joint EU debt to tackle the energy crisis, in more recent trade, Reuters reporter that Germany has no plans to back a joint European Union debt issuance.
Tensions have flared after the German government last month unveiled a €200 billion support package aimed at helping German households and the nation's businesses to cope with runaway inflationary energy bills. The Germans received a chorus of protest and a furious backlash from other EU countries, who accused Berlin of using its fiscal muscle to provide massive subsidies to benefit German producers.is down on the day by 0.24%, but up from its lows of 0.
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