Historic levels of spending on military and infrastructure secured in Bundestag with last-minute backing of Greens
Germany’s parliament has voted in favour of unleashing historic levels of spending to boost the military of Europe’s biggest economy and inject its infrastructure with investments worth hundreds of billions of euros.
The conservatives of Friedrich Merz and the Social Democrats (SPD), who are likely to form a new coalition after last month’s election, led the drive for the creation of a €500bn fund and relaxation of its constitutionally protected debt rules. They secured the last-minute backing of the Greens, which was needed to push the plans through the outgoing parliament.
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