German Finance Minister says Germany mulls debt brake exemption to boost raw material fund

• We haven’t decided yet, but we know that we need money for that.
• What is very clear is that we are vulnerable in the question of supply chains, that we are vulnerable in the question of raw materials and critical minerals — and we have to do something.
• We have to lower our dependencies from China, but that cannot mean on the other hand that we now have dependencies from the US.

The German Finance Minister's indication of a potential debt brake exemption to fund a raw material initiative signals a proactive approach to strengthening supply chains and securing critical minerals. This may affect German bonds as investors reassess fiscal stability versus strategic investments, and could also indicate a shift away from dependency on both China and the US, influencing broader market sentiment and regulatory dynamics in the EU.