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Germany's fiscal U-turn could be a 'game changer' for the country's sluggish economy, analysts say

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Summary
Nutrition label

75% Informative

Germany 's prospective fiscal U-turn could prove transformational for the country's struggling economy and European defense.

Leaders of the likely incoming coalition government on Tuesday announced plans to reform the debt brake and create a special investment fund.

Market reaction has widely been positive, with economists and analysts describing the move as 'historic' and a 'game changer'.

German DAX jumps 3.4% by 12:51 p.m. GMT as German companies lead the pan-European Stoxx 600 higher.

Germany 's states will be allowed to take on more debt than previously.

Long-term proposals to modernize the debt brake and strengthen investments will also be undertaken.

The proposals mark a major shift from CDU-CSU's election campaign.

VR Score

85

Informative language

90

Neutral language

65

Article tone

semi-formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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