Berlin — In a landmark shift, Germany is set to embark on its most ambitious defense spending initiative since World War II. Lawmakers have embraced plans unveiled by Friedrich Merz, soon to ...

Nowhere is that shift as prominent as in Germany. Its armed forces, known as the Bundeswehr, have been the victim of years of underinvestment – but that is set to change. Presumptive Chancellor ...

But it was a crucial hurdle and its passage was celebrated by the centrist lawmakers who hope it will allow Germany to shoulder a more powerful leadership role at a critical moment for Europe.

It will also enable usually fiscally conservative Germany to create a €500 billion ($545 billion) fund for infrastructure. Robin Winkler, a senior economist at Deutsche Bank, called the debt ...

The law will exempt spending on defence and security from Germany's strict debt rules, and create a €500bn ($547bn; £420bn) infrastructure fund. This vote is a historic move for traditionally ...

Germany's conservative leader, Friedrich Merz, has clinched an enormous financial package to revamp defence and infrastructure, ahead of a crunch vote in parliament next Tuesday. Merz, who aims to ...

Speaking during a news conference, Merz laid out a vision of a Germany restored to its former strength and reliability. “The future government, the future coalition, will reform and invest to ...

Germany's military deployed two air defence units to Poland in January to protect supply routes to Ukraine - Germany has been Europe's main donor of weapons What happens today, here in Berlin ...

BERLIN, March 18 (Reuters) - Germany's lower house of parliament is set to vote on Tuesday on a massive surge in borrowing that could boost Europe's largest economy and stimulate growth across the ...