Approval from Germany's 16 federal states is the final hurdle in passing a historic change to the country's debt borrowing rules into law.
Germany's upper house of parliament on Friday passed a reform of the country's borrowing rules and a 500-billion-euro ($542 ...
The constitutional amendment to loosen the so-called debt brake also allows for de-facto unlimited spending on defence and ...
Newly elected Friedrich Merz has proposed nearly €1 trillion in new spending on defense and infrastructure for the sluggish ...
Additional funding for Ukraine became possible after the Bundestag backed an expansive national spending plan. After lengthy ...