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
Latest News
22:59
President Emmanuel Macron congratulated the PSG team after winning the Champions League trophy
22:50
An experimental injection against cancer completely eliminated tumors in patients who did not respond to chemotherapy or immunotherapy.
22:46
Donald Trump compares himself to Elvis Presley and announces plans for a major rally called "America is Coming Back"
22:32
Rapper Vanilla Ice refuses to cancel the concert in Washington and criticizes withdrawals for political reasons
22:21
Massive mobilization of firefighters and intervention robots in Brașov County following an industrial fire
See more news