German MPs approve fiscal 'bazooka' for defence, infrastructure
German lawmakers gave the green light on Tuesday for a colossal spending boost for defence and infrastructure pushed by chancellor-in-waiting Friedrich Merz amid deep fears in Europe over the future strength of the transatlantic alliance. The unprecedented fiscal package, dubbed "XXL-sized" and a cash "bazooka" by German media, could pave the way for more than one trillion euros in spending over the next decade. FRANCE 24's Nick Holdsworth reports from Berlin.
German lawmakers gave the green light on Tuesday for a colossal spending boost for defence and infrastructure pushed by chancellor-in-waiting Friedrich Merz amid deep fears in Europe over the future strength of the transatlantic alliance. The unprecedented fiscal package, dubbed "XXL-sized" and a cash "bazooka" by German media, could pave the way for more than one trillion euros in spending over the next decade. FRANCE 24's Nick Holdsworth reports from Berlin.
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