Germany's Bundestag approves constitutional amendment to loosen debt brake
BERLIN -- Germany's Bundestag, the lower house of parliament, on Tuesday approved a major constitutional amendment to loosen the country's strict "debt brake" policy, paving the way for increased spending on defense, infrastructure, and climate neutrality.
Market Talk: German debt brake reform 'is historic'
Germany's lower house of parliament approved €500 billion in infrastructure spending and reforms to the country's debt brake on Tuesday. Carsten Brzeski of ING Research told Reuters the spending will give the economy a major boost - but further reform is needed.
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German lawmakers have reached an agreement to exempt some defense spending from the nation’s tight rules on running up debt.
FRANKFURT (Reuters) - Germany's constitutional court has received more legal complaints from lawmakers against plans by ...
Germany is pushing ahead with easing its famously tight fiscal policies. In a major vote, the Bundestag agreed to boost ...
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Germany’s likely next chancellor on Thursday urged outgoing members of parliament to exempt some defense spending from the ...
The multibillion-euro package loosens borrowing limits and allows new investments in defense, infrastructure and climate. The ...
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