‘A really big bazooka’: German defense spending likely to rise after parties agree historic debt change

  • Posted on March 5, 2025
  • By CNN
  • 4 Views
‘A really big bazooka’: German defense spending likely to rise after parties agree historic debt change

The parties hoping to form Germany’s next government have agreed to overhaul borrowing rules and create a €500 billion ($536 billion) infrastructure fund in a tectonic spending shift to revamp the military and revive growth in Europe’s largest economy.
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