BERLIN: Germany’s federal audit office warned Wednesday that the enormous EU coronavirus recovery fund agreed last year poses a “significant risk” to Germany’s domestic budget amid growing debate over government borrowing in Europe’s largest economy.The 750-billion-euro (RM 3.6 trillion) deal hashed out by EU leaders last July was “in practice a pooling of debt” which “carries significant risk for the federal budget”, said federal audit office president Kay Scheller.“The financial effects will be felt deep into the next generation,“ he added.In a report published Wednesday, German auditors criticised the recovery fund, which is part of a landmark 1.8-trillion-euro EU budget currently being r
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