Germany Approves Historic Spending Package for Defense and Infrastructure

Reported 1 day ago

Germany's parliament has authorized a monumental spending package aimed at unleashing debt financing for defense and infrastructure, marking the end of years of austerity. The legislation, backed by key political parties, creates a €500 billion fund to modernize infrastructure and significantly increases defense spending to counter threats, particularly from Russia. This shift in fiscal policy aims to revitalize Germany's economy and enhance its leadership role in Europe.

Source: YAHOO

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