Germany parties agree plan for spending boost, debt brake overhaul

Germany’s likely next chancellor, Friedrich Merz, has announced a deal to drastically overhaul the country’s debt rules to allow a boom in defence and security spending as well as 500 billion euros ($545bn) in infrastructure investment in the next 12 years. Merz’s conservatives and their prospective Social Democratic coalition partners reached an agreement with the … Read moreGermany parties agree plan for spending boost, debt brake overhaul

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