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  • Germany will raise its public debt burden by more
    than €1T over the next decade; what will this fund?
  • A sustained rise in defence spending to 3.5% ramps
    up the pressure on public finances from 2027.
  • The German government’s plan implies front-loaded
    investment from special funds starting next year.

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Keywords for: 14 October 2025 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence