Germany OKs huge boost in defense spending as Europe gears up for new era

Germany’s parliament approved plans for a massive spending surge on Tuesday, throwing off decades of fiscal conservatism in hopes of reviving economic growth and scaling up military spending for a new era of European collective defense.

Topics

German MPs approve €500bn spending boost to counter ‘Putin’s war of aggression’

Historic levels of spending on military and infrastructure secured in Bundestag with last-minute backing of Greens. Europe live – latest updates Germany’s parliament has voted in favour of ...
The Guardian - 6h
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 - 7h
Germany’s 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 - 5h
Germany votes for historic boost to defence spending

The move alters the German constitution, allowing the country to increase its military spending.
BBC News - 5h
Germany can spend almost €2tn without harming growth, economists say

FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wisely
Financial Times - Mar. 10
‘Germany is back’: Merz secures Greens’ support for defence spend boost

Backing of Greens is tantamount to approval of chancellor-in-waiting’s proposal to relax debt brake. Germany’s conservative chancellor-in-waiting, Friedrich Merz , has said he has secured the ...
The Guardian - 4d
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 - 21h
Germany is back, says Merz after historic spending deal

Germany's conservative leader clinches an major financial agreement ahead of a crunch vote in parliament.
BBC News - 4d
European leaders push defense spend amid uncertainty over Trump aid to Ukraine

European leaders have upped the ante on defense spending plans as they look to support Kyiv and fill a potential void of U.S. aid.
CNBC - Mar. 7

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