BERLIN (Reuters) – Germany’s finance ministry firmly rejected proposals on new European Union joint debt on Thursday, saying such a move, backed by France and European Council President Charles Michel, was not needed and would send a wrong signal to markets. “In times of rising interest rates and high inflation, the European Union must send out signals for fiscal stability, not for debt instruments,” the ministry said in a statement. According to the ministry, issuing debt in this context would lead to a loss of confidence in international financial markets and would counteract the European Ce…