The European Central Bank’s easy-money policies are a frequent whipping boy for German politicians because they hurt the nation’s savers, but Matthias Kollatz-Ahnen has no complaints. That is because the Berlin finance minister’s job of repaying the German capital’s mountain of debt has unexpectedly gotten easier. The burden has fallen to 46% of the city’s economic output this year from nearly 60% five years ago.

Source: Wall Street Journal September 27, 2016 22:41 UTC