28 July 15:57

International
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The draft budget for 2026, to be approved by the Berlin executive, foresees record investment of €126.7bn, part of a wider plan to revive the German economy, which has stagnated for the past two years. The boost will come from a special €500bn infrastructure fund and a relaxation of borrowing rules. Borrowing will rise significantly to €174.3bn in 2026, including expanded defense funds.