UBS predicts that if Germany's spending package passes, government spending could increase by a cumulative 20% of GDP over the next decade, and its debt-to-GDP ratio would still be in the mid-60% range by 2030.
"According to UBS, if this package passes, government spending could increase by a cumulative 20% of GDP over the coming decade... their simulations indicate that Germanys debt-to-GDP ratio would still land in the mid 60% area by 2030"