Chancellor-in-waiting Friedrich Merz has struck a groundbreaking deal with the Green party. The agreement ends a tradition of fiscal austerity in order to rearm, help Ukraine and build infrastructure.

Berlin seals a deal to ramp up defense spending indefinitely.

Under Germany's constitution, Merz needs a two-thirds majority to get the changes passed. With the support of the Greens and ...

The agreement between centrist parties, led by the likely next chancellor, Friedrich Merz, was billed as a response to ...

Trump’s revolution has upended global politics. Neither Labor nor the Coalition has seriously confronted the difficult policy ...

The deal marks a significant shift from decades of fiscal restraint in Berlin, aiming to boost defense spending amid growing ...

German lawmakers have reached an agreement to exempt some defense spending from the nation’s tight rules on running up debt.

German Chancellor-in-waiting Friedrich Merz said today he had secured the crucial backing of the Greens for a massive ...

German Chancellor-in-waiting Friedrich Merz announced Friday his conservatives had struck a deal with the Greens on massively ...

The Greens agreed to the deal jointly proposed by the CDU, whose leader Friedrich Merz is likely Germany's next chancellor, ...

LONDON (Reuters) - Euro zone shares and the euro rallied on Friday following news that German Chancellor-in-waiting Friedrich ...

German conservative leader Friedrich Merz reached a tentative agreement with the Green party on a debt-funded spending ...