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Berlin Embarks on Historic Defense Spending Surge, Relaxing Budget Constraints - Uncede | My Take on the News

Berlin Embarks on Historic Defense Spending Surge, Relaxing Budget Constraints

1 Min Read

Germany’s conservatives have announced a plan to overhaul the country’s debt brake, which would allow for increased spending. The proposal includes a €500 billion special fund for infrastructure projects and would exempt defense spending from constitutional fiscal restraints.

The plan aims to stimulate Germany’s economy and appeal to left-leaning lawmakers, but its passage is not assured and requires a two-thirds majority in parliament, as well as the support of the Greens party.

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