Why Germany Wants to Loosen Its Debt Brake
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.
Germany's likely next leader wins parliament's backing for huge defense and infrastructure spending
BERLIN (AP) — Germany's would-be next chancellor, Friedrich Merz, is asking lawmakers Tuesday to allow the country to put ...
Germany’s Merz wins vote to massively expand borrowing and super-charge military spending
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.
Germany: The pivotal role of the Bundesrat
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 ...
German lawmakers approve huge defense and infrastructure spending
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.
German parliament passes debt rule reform, half-trillion euro fund
Germany's outgoing parliament on Tuesday passed a massive increase in government borrowing, including a sweeping change to the country's debt rules.
German borrowing costs could hit 2008 levels on spending boost, BNP Paribas says
German 10-year borrowing costs could rise to 4%, their highest since 2008, in coming years as it massively increases its spending on defence and infrastructure, French bank BNP Paribas said on Tuesday ...
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Germany poised to unlock €3B Ukraine aid after historic spending deal
The aid package for the embattled country had been held up for months due to resistance from outgoing Chancellor Olaf Scholz.
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Germany to spend €1 trillion following historic vote
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 ...
German parliament approves Merz's historic spending surge
Germany's parliament approved plans for a massive spending surge on Tuesday, throwing off decades of fiscal conservatism in hopes of reviving economic growth and scaling up military spending for a new ...
Euro, stocks rise ahead of landmark German spending vote
European markets held firm on Tuesday ahead of German lawmakers voting on a landmark overhaul to government spending, while ...
4 things to know about the Alien Enemies Act and Trump's efforts to use it
President Trump invoked the Alien Enemies Act of 1798 against Tren de Aragua members, provoking a legal fight. Here's what to know about the controversial law, which was last used during World War II.