🚨 EU TENSIONS RISE: GERMANY SAYS “NO” TO FRANCE 🇩🇪🇫🇷⚡
German Chancellor Friedrich Merz has reportedly rejected Emmanuel Macron’s proposal for the European Union to issue joint bonds.
💰 Germany (~65% debt-to-GDP) doesn’t want to back France (~120%) through shared EU debt. Berlin fears this could evolve into a long-term “debt union.”
⚠️ Why it matters:
• Strains between Berlin & Paris — the EU’s core engines
• Potential pressure on the euro
• Political divisions inside Europe
Markets are watching closely. Any crack at the top of the EU could ripple across global assets 🌍💶
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