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Germany Relaxes Debt Brake, Approves €500 Billion Infrastructure Fund
Germany's CDU/CSU, SPD, and Greens agreed to relax the debt brake for defense, cybersecurity, and infrastructure, creating a €500 billion fund, with €100 billion for states and €100 billion for climate, needing a two-thirds majority in the Bundestag and Bundesrat before the new parliament forms.
Germany Relaxes Debt Brake, Approves €500 Billion Infrastructure Fund
Germany's CDU/CSU, SPD, and Greens agreed to relax the debt brake for defense, cybersecurity, and infrastructure, creating a €500 billion fund, with €100 billion for states and €100 billion for climate, needing a two-thirds majority in the Bundestag and Bundesrat before the new parliament forms.
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