Friedrich Merz needed the support of two-thirds majority in parliament for his plan to unlock billions for defence and infrastructure spending. View on euronews ...
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 ...
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 extra hundreds of billions of euros to be spent on security has lifted shares of defense stocks in Germany and other European bourses. Shares in defense group Rheinmetall (XE:RHM) are up 131% in ...
The move comes as Europe scrambles to strengthen its security amid concerns over U.S. commitments under President Donald Trump.
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 ...
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