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Germany’s Bundesrat approves historic spending plan

The Briefing

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Germany's New Financial Landscape

This chapter examines the historic approval by Germany's Bundesrat of a transformative spending plan that shifts from traditional fiscal restraint to increased defense and infrastructure investments. With a focus on easing constitutional debt limits and allowing state-level borrowing, the chapter explores the implications for national defense amidst rising geopolitical tensions. It also highlights debates on fund allocation priorities and Germany's evolving role in European defense strategy.

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