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 level of state borrowing, which he argues is necessary to boost the country’s military spending and inject growth into its ailing economy.
Ahead of the crucial Bundestag vote on Tuesday, Friedrich Merz has faced a barrage of complaints from the opposition and from within his own ranks that he is not coupling the historic levels of spending planned – as much as €1tn (£840bn) – to demands for reform.
Continue reading...
Read more at The Guardian
Topics
-
Germany's likely next leader seeks approval for huge defense and infrastructure package
Germany’s would-be next chancellor, Friedrich Merz, is asking lawmakers to allow the country to put “whatever it takes” into defense and to authorize an enormous fund for investment in its creaking ...ABC News - 14h -
Merz ‘confident’ about Germany’s make-or-break spending vote
Chancellor-in-waiting needs two-thirds majority in emergency session of outgoing BundestagFinancial Times - 21h -
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 -
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 - 9h -
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 - 9h -
‘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 -
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 - 10h -
How every German MP voted on reforming the debt brake
German MPs have voted to pass a motion to loosen the country’s strict borrowing rules, altering the constitution. The measure had been proposed by Friedrich Merz, the presumptive incoming ...The Guardian - 8h -
Germany’s Merz offers concessions to Greens over ‘historic’ spending plan
Chancellor-to-be vows greater share of investments for green transition as outgoing Bundestag reconvenes to debate billsFinancial Times - 5d
More from The Guardian
-
Vladimir Putin agrees to 30-day halt to attacks on Ukraine’s energy grid
Russian leader refuses to commit to a full month-long truce after high-stakes phone call with Donald Trump. Europe live – latest updates Vladimir Putin has agreed to a limited ceasefire that ...The Guardian - 1h -
Netanyahu warns Israel’s renewed Gaza offensive ‘is only the beginning’
Israeli PM says attacks will continue until Hamas is destroyed and hostages freed, as airstrikes kill hundreds. The wave of deadly airstrikes that shattered the pause in hostilities in Gaza is ...The Guardian - 6h -
Nasa-SpaceX crew makes joyful return to Earth after two US astronauts were stuck for months – as it happened
This live blog is now closed. You can read our full report here:. Nasa astronauts ‘full of grins, ear to ear’ after landing back on Earth We are really being given every detail of the ...The Guardian - 1h -
Musk and Doge’s USAid shutdown likely violated US constitution, judge rules
Judge halts efforts to fire USAid workers, a major setback in administration’s attempts to bulldoze federal government. Never miss global breaking news. Download our free app to keep up with key ...The Guardian - 5h -
Canada’s Liberals on course for political resurrection amid trade war, polls show
Mark Carney-led ruling party projected to form majority months after political wipeout seemed inevitable. In January, Canadian pollsters and political pundits struggled to find fresh ways to ...The Guardian - 8h
More in World
-
Nigerian leader suspends the governor of an oil-rich state in rare emergency rule
Yahoo News - 1h -
Imane Khelif hits back at Donald Trump and targets Olympic gold defence in LA
Algerian tells ITV News she plans to defend Paris title Khelif says Trump comments ‘do not intimidate me’ Imane Khelif has said she is looking forward to defending her Olympic title in Los ...The Guardian - 1h -
Armed men seen on video targeting group searching for relatives in Jalisco
Masked and heavily armed men have circulated a video denouncing people searching for missing relatives at the site of what authorities said was a cartel training camp in the western Mexican state ...ABC News - 1h -
Nasa-SpaceX crew makes joyful return to Earth after two US astronauts were stuck for months – as it happened
This live blog is now closed. You can read our full report here:. Nasa astronauts ‘full of grins, ear to ear’ after landing back on Earth We are really being given every detail of the ...The Guardian - 1h -
Canada Announces Arctic Radar Deal With Australia Amid Trump Threats
As President Trump talks about U.S. dominance of the Arctic, Canada says it will spend billions to defend the region, including buying new radar technology from Australia.The New York Times - 1h
