Merz’s €1tn spending plan wins final approval from Germany’s upper house

www.ft.com

Merz’s €1tn spending plan wins final approval from Germany’s upper house

www.ft.com

misk@sopuli.xyz to

Europe@feddit.orgEnglish · 1 year ago

Friedrich Merz’s €1tn spending plan wins final approval from Germany’s upper house

www.ft.com

Constitutional reform passes last legislative hurdle days before outgoing parliament’s term expires

Archive: https://archive.is/2025.03.21-101658/https://www.ft.com/content/bf9dde37-2dc8-44df-b5f5-ef5dece888f6

On Friday, the constitutional reform secured the support of more than two-thirds of the seats in the Bundesrat, the upper house that represents Germany’s 16 federal states.

The changes, which were approved by the Bundestag earlier this week, loosen the country’s constitutional borrowing restrictions to allow unlimited defence spending and create a special €500bn, 12-year vehicle to modernise the country’s infrastructure.

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I love that you call it Königsberg haha. But yes, you’re right! I forgot about that.

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