German parliament passes historic debt reform, paving the way for higher defense spend

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  German parliament approves Merz’s €1tn spending plan

  Chancellor-in-waiting uses outgoing Bundestag to loosen debt brake and unleash investments in defence and infrastructure
  
  Financial Times - 22m

• Germany’s Greens vow to block Merz’s flagship spending package

  Party officials reject €500bn infrastructure fund plan and change to debt borrowing rules to fund defence spending
  
  Financial Times - Mar. 10

• Confidence in German economy surges as parliament approves huge spending plan

  Investors welcome prospect of hundreds of billions of euros to be spent on infrastructure and defense
  
  MarketWatch - 20m
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  A historic opportunity for higher education reform

  The American public is witnessing a remarkable political moment.
  
  The Hill - 4d
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  Bundestag prepares to vote on historic borrowing package in key test for Merz

  Likely next chancellor needs two-thirds majority to back €500bn infrastructure fund and relaxation of debt rules. Germany’s likely next chancellor is to face a key vote on plans to unlock a record ...
  
  The Guardian - 10h
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  Germany set to vote on historic increase in defence spending

  German MPs could pave the way for huge investments to defend Europe against a threatening Russia.
  
  BBC News - 14h
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  Germany’s Merz agrees spending deal with Greens

  Agreement paves way for flagship defence and infrastructure package to be adopted by parliament next week
  
  Financial Times - 3d
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  Why Germany Wants to Loosen Its Debt Brake

  An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.
  
  The New York Times - 2h
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  Zelenskyy urges Trump to use ‘strength of America’ to force Moscow into ceasefire after US-Russia talks – Europe live

  Ukraine president says pressure must be put on Russia after US president says talks between Witkoff and Putin were ‘productive’. Germany is close to unlocking the way to a massive increase in ...
  
  The Guardian - 3d

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