TheGrinder on Nostr: Cool story but who's paying for this? Friedrich Merz, expected to become Germany's ...
Cool story but who's paying for this?
Friedrich Merz, expected to become Germany's next chancellor, has announced plans to increase defense spending and amend the "debt brake" fiscal policy. The proposal aims to exempt defense expenditures exceeding 1% of GDP from current debt constraints, strengthening Europe's self-defense capabilities. Additionally, a €500 billion infrastructure fund is proposed to revitalize Germany's economy, which faces a potential third year of recession.
Friedrich Merz, expected to become Germany's next chancellor, has announced plans to increase defense spending and amend the "debt brake" fiscal policy. The proposal aims to exempt defense expenditures exceeding 1% of GDP from current debt constraints, strengthening Europe's self-defense capabilities. Additionally, a €500 billion infrastructure fund is proposed to revitalize Germany's economy, which faces a potential third year of recession.