If Germany does not agree to reform its fiscal rules (the debt brake), the entire euro zone will be negatively affected

There is a heated debate in Germany between those in favour of reforming the fiscal rules (the "debt brake", which provides for a maximum fiscal deficit of 0.35% of GDP ), which include most economists and the five wise men who advise the government, and those in favour of maintaining these fiscal rules (which are approved by over 60% of Germans). The outcome of this debate is crucial for the euro zone. If Germany’s fiscal rules remain unchanged: Germany will not be able to finance the investment needed to modernise its industry; As a result, large German companies will continue to be drawn by the attractiveness of investing in the United States; This will mean that German companies’ direct investment and Germany’s excess savings will always flow to the rest of the world, outside the euro zone, which will weaken the economies of all euro-zone countries, not just Germany.