Reuters exclusively reports Germany eyeing massive windfall from plunging borrowing costs

Reuters exclusively reported that Germany could enjoy a windfall of 5 billion euros or more this year as record-low bond yields slash its borrowing costs. The savings might help Chancellor Angela Merkel’s conservatives and Finance Minister Olaf Scholz’s Social Democrats clinch a costly climate protection package. At same time, the cheaper borrowing eases pressure, mounting as the economy slows, to abandon Berlin’s balanced-budget policy of not taking on new debt for additional spending.