Germany's major political parties, including the CDU/CSU bloc, SPD, and Greens, have reportedly reached an agreement on a significant increase in government borrowing. The deal, championed by conservative leader Friedrich Merz, aims to fund defense and infrastructure projects. This marks a major shift in Germany's traditionally cautious fiscal policy. The Greens have expressed satisfaction with the agreement, signaling broad political support. The move is expected to have lasting economic and political implications for the country.
@ISIDEWITH1 day1D
Merz Said to Reach Tentative Deal With Greens on German Debt
German conservative leader Friedrich Merz reached a tentative agreement with the Green party on a debt-funded spending package for defense and infrastructure, people familiar with the discussions said.
Join in on more popular conversations.
