Germany's upper house, the Bundesrat, Thursday voted 53-16 to approve a massive defense and infrastructure spending bill. The historic shift for German defense eliminates a "debt brake" to defend ...
The German stock market and the euro continued to rise ahead of Tuesday’s parliamentary vote on a major spending bill. The proposal, initiated by Germany’s Chancellor-in-waiting Friedrich Merz, will ...
Germany is getting €1 trillion ($1.1 trillion) in additional funding virtually for free after bond markets reacted positively ...
The armed forces are also a focus, with Merz and the Social Democrats committed to a massive military buildup after years of neglect, as well as continued backing for Ukraine.
Lawmakers in Germany’s lower legislative house, the Bundestag, on Wednesday approved a massive defense spending bill that could put Germany on the path of rivaling Russia for military dominance of the ...
The bill, also backed by the Social Democrats and the Greens, would largely release defense spending from the so ... said during the debate in Berlin. “Germany must take on its leadership ...
Germany's parliament has passed a bill to loosen the country's strict debt rule to enable higher defense spending.
The colossal spending package for defence and infrastructure came amid concerns about the extent of US support for European security.
Under the legislation, defence spending above 1% of Germany's gross domestic product ... On Friday, Merz said of the bill: "we are laying the foundation for targeted investments in freedom and ...
Friedrich Merz needed the support of two-thirds majority in parliament for his plan to unlock billions for defence and infrastructure spending. #EuropeNews ...
The German stock market and the euro continued to rise ahead of Tuesday’s parliamentary vote on a major spending bill. The proposal, initiated by Germany’s Chancellor-in-waiting Friedrich Merz ...