Maastricht Debt Rules: Germany’s Debt Falling Below 60 Percent
In 2019, Germany’s Debt-to-GDP ratio fell below 60 percent for the first time since 2002. This has allowed Germany to become compliant with the Maastricht criteria as agreed to by the EU states. Maastricht criteria The Maastricht criteria, also called the “Euro Convergence Criteria,” are a set of conditions that nations will have to fulfill ...