Latvian EU commissioner-designate for economy and productivity, implementation and simplification Valdis Dombrovskis attends his confirmation hearing at the European Parliament in Brussels on November 7, 2024. (Photo by Nicolas TUCAT / AFP) (Photo by NICOLAS TUCAT/AFP via Getty Images)

Latvian EU commissioner-designate for economy and productivity, implementation and simplification Valdis Dombrovskis attends his confirmation hearing at the European Parliament in Brussels on November 7, 2024. (Photo by Nicolas TUCAT / AFP) (Photo by NICOLAS TUCAT/AFP via Getty Images)

The leader of Germany's Christian Democratic Union (CDU) Friedrich Merz arrives at the presidential Bellevue Palace in Berlin for talks with the German president on November 7, 2024. The day before, the German Chancellor sacked Finance minister Christian Lindner, from the pro-business Free Democrats FDP, leading to the breakdown of his three-party coalition government. (Photo by Odd ANDERSEN / AFP) (Photo by ODD ANDERSEN/AFP via Getty Images)

The leader of Germany's Christian Democratic Union (CDU) Friedrich Merz arrives at the presidential Bellevue Palace in Berlin for talk with the German presidnt on November 7, 2024. The day before, the German Chancellor sacked Finance minister Christian Lindner, from the pro-business Free Democrats FDP, leading to the breakdown of his three-party coalition government. (Photo by Odd ANDERSEN / AFP) (Photo by ODD ANDERSEN/AFP via Getty Images)

German President Frank-Walter Steinmeier (L) hands the certificate of appointment as new Finance Minister Joerg Kukies, at the presidential Bellevue Palace in Berlin on November 7, 2024. The day before, the German Chancellor sacked Finance minister Christian Lindner, from the pro-business Free Democrats FDP, leading to the breakdown of his three-party coalition government. (Photo by RALF HIRSCHBERGER / AFP) (Photo by RALF HIRSCHBERGER/AFP via Getty Images)

FILE - The U.S. Small Business Administration logo is shown on the agency website on Tuesday, June 25, 2024 in New York. (AP Photo/Peter Morgan, File)

Outgoing German Justice Minister Marco Buschmann leaves the presidential Bellevue Palace in Berlin on November 7, 2024. The day before, the German Chancellor sacked Finance minister Christian Lindner, from the pro-business Free Democrats FDP, leading to the breakdown of his three-party coalition government. (Photo by John MACDOUGALL / AFP) (Photo by JOHN MACDOUGALL/AFP via Getty Images)

Outgoing German Justice Minister Marco Buschmann leaves the presidential Bellevue Palace in Berlin on November 7, 2024. The day before, the German Chancellor sacked Finance minister Christian Lindner, from the pro-business Free Democrats FDP, leading to the breakdown of his three-party coalition government. (Photo by Odd ANDERSEN / AFP) (Photo by ODD ANDERSEN/AFP via Getty Images)