Germany's Greens will negotiate hard before potentially giving their much-needed backing to debt reforms proposed by the conservatives and Social Democrats, parliamentary co-leader Katharina Droege said on Wednesday.

Berlin recognises the rule to avoid burdening future generations is too onerous to kickstart today’s economic growth

(Reuters) - European shares bounced back on Wednesday after their worst day in more than six months as German leaders agreed to loosen the country's so-called debt brake. Germany's blue-chip index jumped 2.6% as of 0811 GMT to trade near a record high.