Germany’s Bundestag will debate major infrastructure spending and defence funding reforms from 13 March, with a vote set for 18 March. Key parties negotiate over debt rule changes and a €500 billion fund.
Germany's lower house of parliament will discuss an increase in infrastructure spending and significant changes to state borrowing regulations to enhance defence funding from 13 March, according to two parliamentary sources cited by Reuters on Thursday.
The Bundestag is set to vote on the proposed reforms on 18 March, the sources added.
The conservatives and the centre-left SPD, currently engaged in coalition negotiations following last month’s election, will require a two-thirds majority in parliament to pass their plans to amend the debt brake and establish a €500 billion fund for infrastructure.
The Greens have stated they will negotiate firmly before potentially offering their crucial support for debt reforms aimed at revitalising the struggling economy and increasing defence expenditure.
The pro-business FDP will also back greater defence spending but has made it clear that it will not endorse a dedicated fund for infrastructure.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of July, covering the latest developments you need to know.
The United States has bombed Iran for an 11th consecutive night as the Pentagon says the war’s cost reach $37.5 billion. President Donald Trump threatens a heavy strike on the suspected Pickaxe Mountain nuclear site. Tehran warns that any attack could trigger a wider regional escalation.
U.S. strikes on Iran entered a 12th consecutive night, while Yemen's Houthis said they attacked two Saudi oil tankers in the Red Sea, urging President Donald Trump to warn Tehran it would be held responsible for any future Houthi attacks.
Azerbaijani President Ilham Aliyev and German President Frank-Walter Steinmeier have discussed regional developments, transport connectivity, energy cooperation and the Azerbaijan-Armenia peace process during talks in Berlin.
Channel Tunnel operator Getlink has warned that the biometric element of the European Union's new digital border security system for car passengers using the tunnel could be delayed because of software issues.
One soldier was killed and four others were injured after a UH-1Y Venom military helicopter crashed at the Czech Army's 22nd Air Base in Náměšť nad Oslavou, around 180 kilometres southeast of Prague, the Armed Forces said.
U.S. Secretary of State Marco Rubio has renewed the Trump administration's campaign against the International Criminal Court (ICC), accusing the Hague-based tribunal of threatening U.S. sovereignty and pledging further diplomatic action over its investigations.
The European Union (EU) has agreed on a 21st package of sanctions against Russia, after shelving some proposed measures to appease member states, most notably Greece.
Greece’s security council, KYSEA, is expected to give final approval on Thursday for the purchase of a multi-layered air defence system from Israel worth up to €3.5 billion ($4 billion), along with several types of drones, according to two sources who spoke to Reuters.
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