The lower house of the German parliament approved the budget for 2026 on Friday, which provides for total expenditures of 525 billion euros. The project includes loans of over 180 billion euros, setting a new historical record, except for the pandemic period. The budget allocates 108 billion euros for military spending, the highest since the Cold War, and provides 11.5 billion euros for support to Ukraine, intended for the purchase of artillery, drones, and military vehicles. Opposition parties criticized the budget, citing the increase in public debt as a cause for concern.
Sources
Latest News
22:49
Radu Miruță announces that USR and PNL are discussing an alliance for the 2028 local and parliamentary elections
22:25
Ilie Bolojan calls for the PNL to be rebuilt through truth, accountability and strong teams
22:02
Donald Trump promotes Stephen Miller to White House chief of staff
21:29
President of the Bavarian State Parliament backed for the German presidency / The nomination of the CSU politician could be confirmed on Monday
21:28
Sviatlana Tsikhanouskaya received the Prize for European Values in Timișoara and will donate the money to Belarusian culture
See more news