German parties strike deal to pass historic debt-funded investment package
- German Chancellor Friedrich Merz agreed with the Greens on a debt-funded investment package of 500 billion euros to be voted on next week.
- The plan includes 100 billion euros for climate, 300 billion euros for federal infrastructure, and allows states to run a small deficit.
- Germany will provide Ukraine with 3 billion euros in military aid, pending approval from the upper house of parliament.
- The proposed fiscal changes have raised concerns about proper allocation of funds for climate initiatives, according to Britta Hasselmann.
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1000 billion for weapons, rails and bridges – can Germany afford that?
In Germany, the future coalitionists CDU/CSU and SPD have agreed with the Greens on the elimination of the debt brake. Up to 1000 billion euros could flow in armor and infrastructure over the next ten years.
·Vienna, Austria
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Total News Sources159
Leaning Left17Leaning Right20Center16Last UpdatedBias Distribution38% Right
Bias Distribution
- 38% of the sources lean Right
38% Right
L 32%
C 30%
R 38%
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