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.
Read more at The New York Times
Topics
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Germany votes for historic boost to defence spending
The move alters the German constitution, allowing the country to increase its military spending.BBC News - 35m -
Hungary's government targets LGBTQ community, dual citizens in proposed constitutional changes
Hungary’s governing party has proposed constitutional changes that could mean a ban on an annual march celebrating the LGBTQ community and the expulsion of citizens with dual citizenship if they ...NBC News - 5d -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - Mar. 8 -
Why EU capitals are still arguing over more military aid to Ukraine
Also in this newsletter: why businesses want greater European tech independenceFinancial Times - 1d -
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 infrastructureFinancial Times - 39m -
Trump wants to see more than just a minerals deal to restart aid to Ukraine
NBC News Senior National Security Correspondent Courtney Kube reports that President Trump wants to see more than a rare earth minerals deal to resume military aid and intelligence sharing with ...NBC News - Mar. 9 -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - Mar. 10 -
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 spendingFinancial Times - Mar. 10 -
German parliament passes historic debt reform, paving the way for higher defense spend
The reforms include changes to the debt brake rule and the creation of an infrastructure fund.CNBC - 1h
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Democrats Need to Face Why Trump Won
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Texas measles outbreak grows to 279 cases mostly among unvaccinated, unknown status
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