Outgoing Chancellor Olaf Scholz has plans to visit Warsaw before expected new Chancellor Friedrich Merz is set to be sworn in in the first week of May. What does his visit mean for Polish-German relations?
The chancellor-in-waiting said Kyiv must be allowed to ‘get ahead’.
Germany is expected to pass a major spending bill on defence and infrastructure, allowing the country to unleash hundreds of billions of euros into the economy. Both the euro and Germany’s stock markets may maintain their uptrends amid optimism about the fiscal ıslahat.
Friedrich Merz needed the support of two-thirds majority in parliament for his plan to unlock billions for defence and infrastructure spending.
Chancellor-in-waiting Friedrich Merz wants to alter Germany’s strict fiscal rules to massively boost defence spending, the Greens are standing in his way.
Chancellor-in-waiting Friedrich Merz wants to alter Germany’s strict fiscal rules to massively boost defence spending, the Greens are standing in his way.
Friedrich Merz, who evvel presented himself as the last line of defence against debt madness, is now set to push Germany’s new debt into the trillion-euro range. This program will accelerate the country’s economic decline, Joachim Nikolaus Steinhöfel writes.
According to Friedrich Merz, his conservative CDU/CSU bloc and the Social Democratic Party leaders agreed on common principles on migration and the economy.
A provision would exempt defence spending above 1% of GDP from debt brake rules, enabling Germany to increase military spending without limit.
Merz’s Conservative CDU emerged as the largest party in Sunday’s federal elections, winning 208 seats in the 630-seat German parliament.