Fundamental Analysis
Posted 48 min ago
Germany's Merz Set to Reject €2 Trillion EU Budget Proposal
German Chancellor Merz is likely to reject a €2 trillion EU budget proposal at the upcoming summit, according to reports. This escalates eurozone fiscal tension amid already-widening French-German spreads driven by France's 2027 budget crisis. EUR/USD and peripheral spreads remain key watch points as core-periphery budget conflicts intensify.
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