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Germany votes for historic boost to defence and infrastructure spending newsthirst.

German lawmakers have voted to allow a huge increase in defence and infrastructure spending – a seismic shift for the country that could reshape European defence. A two-thirds majority of Bundestag parliamentarians, required for the change, approved the vote on Tuesday. The law will exempt spending on defence and security from Germany’s strict debt rules,…

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German parliament to vote on fiscal package that could bring historic reforms newsthirst.

The Reichstag building in the early morning. Paul Zinken/dpa | Picture Alliance | Getty Images Germany’s Bundestag is set to vote on a major fiscal package later on Tuesday, which includes changes to long-standing debt policies to enable higher defense spend and a 500 billion euro ($548 billion) infrastructure and climate fund. More than two…

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Germany is back, says Merz after historic deal on defence and spending newsthirst.

Paul Kirby Europe digital editor Reuters The deal is a personal victory for Friedrich Merz, Germany’s chancellor-in-waiting Germany’s conservative leader, Friedrich Merz, has clinched an enormous financial package to revamp defence and infrastructure, ahead of a crunch vote in parliament next Tuesday. Merz, who aims to lead a government with the Social Democrats in the…

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