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26 October 2026
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Germany can afford to wake up. The question is whether its voters will let it
German firms are more hopeful than they have been for years, and Berlin has the fiscal room France can only dream of. Yet the €500bn is barely moving, and voters who say they want reform reject it every time it gets specific. What would it take to wake Sleeping Beauty – and what happens to Bunds if she sleeps through the winter?
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