Now that a court has ruled against the government’s extrabudgetary fudges, reforming unduly austere fiscal rules is the way to go.

After a shock court ruling, Europe has suddenly found itself facing a question crucial to its prosperity and its ability to combat climate change: Can Germany, the region’s largest economy, meet the scale of public investment required to both revive growth and support the green transition?

Hopefully the country’s fractious ruling coalition can muster the will to say yes.

Up Next

Germany Must Credibly Commit to Green Investment