A quick debt brake fix for defense alone would be a bad deal for the SPD, the Greens—and ultimately for the CDU too.
Germany needs to ramp up defense spending, but this door will only open once. Any reform, even a quick one, must tackle DE's broader public investment needs too.
Germany needs to ramp up defense spending, but this door will only open once. Any reform, even a quick one, must tackle DE's broader public investment needs too.
Reposted from
Jeremy Cliffe
Merz has opened talks with SPD on approving a new defence fund of up to €200 billion in the outgoing Bundestag. That would be double the 2022 special fund and equivalent to about 5% of German GDP.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
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