Germany's parliament passes historic package boosting defence spending
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Euronews.com
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Germany's parliament passed a significant bill allowing record state borrowing for defense and infrastructure by amending fiscal rules. The vote, with 513 in favor, still requires a two-thirds majority in the Bundesrat. The proposal, initiated by the CDU and SPD, aims to loosen the 'debt brake' to fund €500 billion for infrastructure and defense, marking a departure from fiscal conservatism. Critics, including the AfD and FDP, raised concerns, while economists stress the need for broader reforms alongside increased spending. Teljes cikk (Euronews.com)