Lazard CEO and Chairman Peter Orszag and Analyst Tobias Edelstein Coauthor Article on Germany's Debt Brake Reform in The International Economy
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Lazard CEO and Chairman Peter Orszag and Special Opportunities Group analyst Tobias Edelstein coauthored an article in The International Economy on Germany's proposed debt brake reform. In their analysis, they assess how this timely shift in fiscal policy can strengthen economic resilience and reinforce European security.
With Germany's debt-to-GDP ratio well below the euro area average, there is meaningful room for strategic public investment—particularly in infrastructure and energy—without undermining fiscal credibility. Peter and Tobias argue that the real risk lies not in taking on more debt, but in failing to act amid stalling growth and heightened geopolitical instability.
Read more in The International Economy here.
