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'Fiscal bazooka for Europe's economy': German lawmakers approves huge defence, infrastructure spending

IndiaTimes Tuesday, 18 March 2025 ()
German lawmakers approved a massive defence and infrastructure spending plan proposed by incoming chancellor Friedrich Merz, allocating up to a trillion euros over the next decade. This plan aims to strengthen Europe's security amid concerns over the US stance on the Ukraine war. The proposal received strong support, paving the way for a new European defence community.
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Video Credit: FRANCE 24 English - Published
News video: German MPs approve fiscal 'bazooka' for defence, infrastructure

German MPs approve fiscal 'bazooka' for defence, infrastructure 04:30

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