π° News Alert:
π Title: European markets soar as Germany lifts βdebt brakeβ to raise defence spending
ποΈ Published: Wed, 05 Mar 2025 13:15:45 GMT
π Summary: Berlin's 'big bazooka' move, which includes a fiscal sea change, has sent industrial stocks surging while also hiking borrowing costs. The European financial markets have rallied sharply, and German borrowing costs have soared following this development.
ποΈ Source: Business | The Guardian
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