Germany’s Greens withhold backing for debt brake reforms for now

BERLIN (Reuters) – Germany’s Greens will negotiate hard before potentially giving their much-needed backing to debt reforms proposed by the conservatives and Social Democrats, parliamentary co-leader Katharina Droege said on Wednesday.

The conservatives and SPD, who are in talks to form a government after an election last month, need the Greens to reach the two-thirds majority needed in parliament to pass their plans to reform the debt brake and create a 500 billion euro fund for infrastructure.

“Whether we will ultimately approve these constitutional amendments remains open,” Droege told reporters. “We have a number of questions, and you know that we also have our own stance on what is necessary now.”

(Reporting by Riham Alkousaa and Sarah Marsh, editing by Rachel More)

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