German parties agree historic debt overhaul to revamp military and economy
The parties hoping to form Germany's next government agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules in a tectonic spending shift to revamp the military and revive growth in Europe's largest economy.
German parties strike deal to pass historic debt-funded investment package
A deal cut in Berlin on Friday secured enough votes to pass a massive debt-backed infrastructure and military spending package, according to German media reports.
German parties hastily convene, signalling debt deal breakthrough
BERLIN - German Chancellor-in-waiting Friedrich Merz is set to make new concessions to the Greens on Friday in a last-ditch attempt to convince them of his plans for a massive increase in state borrowing ahead of a parliamentary vote next week.
Euro zone stocks rally as German parties agree historic fiscal deal
By Samuel Indyk, Harry Robertson and Dhara Ranasinghe LONDON (Reuters) -European stock markets rallied on Friday as news of an agreement between German political parties on a historic debt deal added to optimism that has swept across the region,
German Greens Party Source Says Agreement Reached on Debt Deal
An agreement has been reached on plans by German chancellor hopeful Friedrich Merz to massively ramp up public borrowing, a source from the Greens party said on Friday, adding: "We are satisfied." Greens' support is seen as crucial to Merz's bid to pass the debt plan with a two-thirds majority in Germany's outgoing parliament.
Germany: Parties reportedly agree on historic debt deal
The CDU/CSU bloc and the SPD have reached an agreement with the Greens on a massive increase in government borrowing, news agencies report, citing party sources.The conservative CDU/CSU bloc of German election winner Friedrich Merz and the Social Democrats have agreed in principle with the Greens on plans for a massive increase in state borrowing ahead of
German SPD demands sweeping pro-immigration commitments in CDU coalition talks
The German Social Democratic Party (SPD) demanded major pro-immigration commitments as a precondition for joining a coalition ...
German deal risk now close to, but not at, zero, says strategist
The new agreement between the CDU/CSU, SPD and the Greens puts the risk of the German spending deal at close to, but not exactly, zero, says ING global head of macro Carsten Brzeski. The changes that ...
German Conservatives, SPD to Deepen Talks on Ruling Coalition
Germany’s conservative bloc and the Social Democrats agreed to deepen talks over forming a new government, a step forward as ...
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German coalition talks kick off with strict playbook: 'No selfies'
Germany's conservative bloc is set to start coalition talks with the centre-left Social Democrats (SPD) of outgoing Chancellor Olaf Scholz on Thursday evening. The parties aim to form the next ...
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Why did Germany's SPD perform so poorly in the election?
However, the rise of the far right and volatile global politics mean the SPD has no time to withdraw and regroup: "German politics has the task of strengthening Europe during this historic phase.
Elements of German parties' coalition paper
German election winner Friedrich Merz's conservatives and the Social Democrats (SPD) completed preliminary talks on Saturday ...
German coalition unveils plans to up defense spending to at least $120B a year by 2030
Germany's government-in-waiting unveiled a plan to boost defense spending by hundreds of billions of dollars by the end of ...
Can Berlin’s New Government Save the German Film Industry?
Box office is down, producers are struggling and a promised tax break is still MIA. "If things don't change soon, the damage ...
German stocks, bond yields rising as it looks like spending package agreed
Bond yields in Germany are climbing as Handelsblatt reported that a spending package between the CDU/CSU, SPD and the Greens has been reached. The report said [details are still unclear]( ...
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Germany’s conservatives, SPD woo Greens to push through spending plan
The parties hoping to form the next German government - the conservative bloc and Social Democrats (SPD) - are making significant efforts in winning over the Greens, whose votes they need to pass a ...