"Germany will amend its constitution to ban excessive public borrowing and set up a strict repayment schedule for the public deficit caused by its latest fiscal stimuli, chancellor Angela Merkel said on Tuesday, underlining Berlin’s rising concern about the erosion of fiscal discipline in Europe."
http://www.ft.com/cms/s/0e87d8ee-e182-11dd-afa0-0000779fd2ac,dwp_uuid=7c485a38-2f7a-11da-8b51-00000e2511c8,print=yes.html
p.s. the US all ready has this (the debt ceiling that keeps being raised every few months) so it's basically worthless.
pps Germany's debt to GDP ratio is much worse than ours.
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