Germany is planning a surge in spending, taking on a far greater share of Europe’s defense.
Chancellor-in-waiting Friedrich Merz plans to free Germany from the fiscal straitjacket that former leader Angela Merkel had locked her country into for more than a decade, a move that will revolutionize public finances and pave the way for Europe’s most powerful economy to bulk up the region’s defense.
But as Bloomberg’s Alexander Weber explains, short-term hurdles remain.
Read more: https://t.co/ldFu74KNW5
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Author: Bloomberg Television
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News post in March 7, 2025, 12:06 pm.
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