European markets head for higher open ahead of German debt reform vote
- On Tuesday, the Bundestag will vote on a bill allowing unprecedented levels of debt for military, infrastructure, and climate protection over the coming years, marking a historic decision for Germany's parliament.
- The bill, drafted by the CDU/CSU and the SPD, aims to raise €500 billion in debt for infrastructure, with €100 billion allocated to federal states and €300 billion to the federal government.
- Opposition from the AfD and the Left Party may block the debt package, as both parties hold over one-third of Bundestag seats following the recent election.
- Economists warn that Germany's national debt may rise from 62% to 90% of GDP, potentially increasing interest expenditures by €250 to €400 billion in the next ten years.
29 Articles
29 Articles
More than money: How German defence can make the most of the debt break overhaul
Cover image: picture alliance / SZ Photo | Wolfgang Filser Problem On March 18th, Germany’s federal parliament will likely pass a constitutional amendment to allow the next government to significantly increase defence spending. With the amendment, future spending on the German armed forces as well as civil defence and resilience, cyber and information security, intelligence services and support for Ukraine exceeding 1% of GDP will be exempt from…


Billion package: days of decision for financial package - applications in Karlsruhe
The Bundestag and the Bundesrat are facing exciting meetings: Is there the necessary two-thirds majority for the billion-dollar financial package of the Union, SPD and the Greens? Part of the answer lies in Munich.
Coverage Details
Bias Distribution
- 64% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage