The approval in the Bundestag gives chancellor-in-waiting Friedrich Merz a windfall of hundreds of billions of euros to ramp up investment after two years of economic contraction.
The Bundestag has voted to change the German constitution clearing the way for the new conservative-led government to spend up to €1 trillion through national debt. The move has been doubly ...
The vote to unleash borrowing for the military and Ukraine is a “first major step towards a new European defense community,” says incoming chancellor Friedrich Merz.
Germany's would-be next chancellor, Friedrich Merz, won lawmakers' approval to loosen strict debt rules for higher defense spending as doubts mount about the strength of the trans-Atlantic alliance.
The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing that is set to super-charge the country’s military spending.
The large package of measures, aimed at waiving Germany's debt rules for defense spending and setting up an infrastructure ...
Germany's second chamber of parliament, the Bundesrat, might throw a wrench in Friedrich Merz's debt brake reform. The chamber representing Germany's 16 states must approve all laws that affect states ...
The Bundestag of the 20th convocation, during its last session on Tuesday, approved amendments to the Basic Law that will allow exceeding the previously set borrowing limits. — Ukrinform.
German lawmakers approved a major spending plan aimed at turbocharging its military and retooling its stagnating economy, shedding years of fiscal prudence.
On March 13, 2025, a public hearing was held in the budget committee of the German Bundestag on the planned amendment to the German constitution for a ...
The aid package for the embattled country had been held up for months due to resistance from outgoing Chancellor Olaf Scholz.
Merz’s CDU/CSU and their likely future coalition partners plan to exempt defence spending from Germany’s debt rules and to set up a 500-billion-euro fund for infrastructure investments over 12 years.
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