Germany's proposed defence and infrastructure bonanza: how and why?
Frankfurt, Germany (AFP) Mar 5, 2025 Germany's likely next chancellor Friedrich Merz announced plans on Tuesday to spend hundreds of billions on Germany's infrastructure and defence, as well as to reform the country's "debt brake". Introduced in 2009 after the financial crash, the brake limits government borrowing to 0.35 percent of GDP in an effort to make sure the German government can always pay its bills. But critics sa
Frankfurt, Germany (AFP) Mar 5, 2025
Germany's likely next chancellor Friedrich Merz announced plans on Tuesday to spend hundreds of billions on Germany's infrastructure and defence, as well as to reform the country's "debt brake".
Introduced in 2009 after the financial crash, the brake limits government borrowing to 0.35 percent of GDP in an effort to make sure the German government can always pay its bills.
But critics sa
Germany's likely next chancellor Friedrich Merz announced plans on Tuesday to spend hundreds of billions on Germany's infrastructure and defence, as well as to reform the country's "debt brake".
Introduced in 2009 after the financial crash, the brake limits government borrowing to 0.35 percent of GDP in an effort to make sure the German government can always pay its bills.
But critics sa 
