Exclusive: Germany mulls fiscal policy U-turn, eyes new debt for climate protection - official
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BERLIN (Reuters) - Germany is mulling a fiscal policy U-turn and considering ditching its long cherished balanced budget goal by issuing new debt to finance a costly climate protection package, a senior government official told Reuters on condition of anonymity."The challenge now is how to shape such a fundamental shift in fiscal policy without opening the flood gates for the federal budget," said the senior government official with knowledge of the internal discussions in the finance..