Germany’s move to unlock hundreds of billions of euros in debt-financed defense and infrastructure spending passed its final legislative hurdle on Friday when lawmakers in the upper house of parliament in Berlin approved the measures.
Germany's landmark spending bill, unlocking hundreds of billions of euros for debt-financed defense and infrastructure, passed its final legislative hurdle. The bill, backed by a coalition of parties, ends decades of German austerity and aims to boost the economy and modernize infrastructure. The bill passed with 53 votes in favor.
