The German government has approved a €143bn borrowing budget for 2025 with the aim of pulling out of recession.
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German Chancellor Friedrich Merz has unveiled a draft budget involving significant debt to revitalize Germany's economy. Finance Minister Lars Klingbeil criticized previous austerity policies, pointing to deteriorating infrastructure. The budget foresees borrowing of €847bn over the entire legislature, with €143bn planned for 2025. It also aims to meet NATO's defense spending targets.
Sources
Germania vrea să se împrumute masiv pentru a scoate economia din recesiune: "Am economisit timp de mulți ani și acest lucru a distrus țara"
Criză Germania - Cancelarul Merz pariază pe o îndatorare masivă pentru a scoate economia din recesiune - Economica.net
Germania: Premierul Merz mizează pe o îndatorare masivă pentru a scoate economia din recesiune
Germania: Premierul Merz mizează pe o îndatorare masivă pentru a scoate economia din recesiune
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