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.
Read next
18:44
German Chancellor Friedrich Merz praised Türkiye’s diplomatic efforts to mediate between Russia and Ukraine, calling for greater international pressure to push Moscow toward peace negotiations.
22:30
Germany’s federal government spent over 1.2 billion euros on software, licenses and IT services in 2024, more than 25% higher than the previous year.
14:41
Russia & Germany
Russia intends to withdraw from its long-standing agreement on military-technical cooperation with Germany, the Russian Foreign Ministry announced, citing that relevant internal procedures are currently underway.
11:20
Germany's producer prices
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
15:54
world news
Germany’s foreign minister called on Iran’s leadership to urgently provide credible assurances it is not pursuing nuclear weapons and to return to negotiations, amid growing fears of military escalation with Israel.
What is your opinion on this topic?
Leave the first comment