Such a plan would mark a step-change in Germany’s traditionally conservative approach to public borrowing. Berlin in 2009 enshrined a debt brake in its constitution, which limits government borrowing and keeps the structural deficit at 0.35 per cent of GDP.

Germany's likely chancellor-to-be announces a political deal to raise hundreds of billions of euros in extra spending.

Germany's likely next chancellor Friedrich Merz said Tuesday that his centre-right CDU/CSU and the centre-left Social Democrats (SPD) would propose an unprecedented package of billions of euros in ext

A provision would exempt defence spending above 1% of GDP from debt brake rules, enabling Germany to increase military spending without limit. View on euronews