German parties agree on historic debt overhaul to revamp military and economy
The parties hoping to form Germany's next government on Tuesday agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules in a tectonic spending shift to revamp the military and revive growth in Europe's largest economy.
Germans Agree to Borrow More for Military, in Sharp Response to Trump
The agreement between Friedrich Merz, the likely next chancellor, and his potential coalition partners also includes big new infrastructure spending.
German Parties Agree Fiscal 'Bazooka' to Overhaul Military and Economy
The parties hoping to form Germany's next government agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules, a tectonic spending shift that jolted markets on Wednesday on hopes of reviving Europe's largest economy.
European shares rebound as Germany agrees to debt overhaul
By Nikhil Sharma (Reuters) -German indexes led robust gains in Europe on Wednesday after sharp declines in the previous session as the country's leaders agreed to overhaul borrowing rules to boost defence spending and revive growth.
‘A really big bazooka’: German defense spending likely to rise after parties agree historic debt change
The parties hoping to form Germany’s next government have agreed to overhaul borrowing rules and create a €500 billion ($536 billion) infrastructure fund in a tectonic spending shift to revamp the military and revive growth in Europe’s largest economy.
German chancellor-in-waiting promises swift moves on defence, investors sniff bonanza
The prospect of a military spending boom by Germany unprecedented since the Cold War sent Europe's defence stocks soaring ...
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German Marine Equipment Manufacturers As Driving Forte In Technology And Cost Efficiency
The significance of German marine equipment suppliers in the shipbuilding sector is clearly reflected in their presence in overwhelming numbers at the SMM, as well as in their enormous product ...
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German military is less battle-ready than when Russia-Ukraine war began
German Chancellor Olaf Scholz addresses a media conference at the end of an EU summit in Brussels on Thursday, Dec. 19, 2024. (AP Photo/Omar Havana) Overhauling the military was a key promise of ...