Alden Biesen, Belgium, Feb 12, 2026 (AFP) - Germany's Merz says shared EU debt only for 'exceptional situations'

NAMPA / AFP

2026-02-12

German Chancellor Friedrich Merz spoke out against shared EU debt on Thursday following talks on boosting EU competitiveness in the face of twin threats from China and the United States. "We have taken on European debt in exceptional situations -- but those were exceptional situations," Merz said after the talks at a Belgian castle. "We are living in a time when the exception is becoming the rule. The new era in which we live is the new normal, a......

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