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German media reported that 53 out of 69 MPs voted “in favor,” surpassing the necessary minimum of 46 votes.
The constitutional change to relax the debt brake permits nearly unrestricted expenditure on defense and security. The legislation indicates that funding for the military, along with “federal spending on civil defense, population protection, intelligence operations, safeguarding information technology systems, and support for states attacked in breach of international law,” may also be covered by borrowing in the future.
CDU party leader and probable future German Chancellor Friedrich Merz articulated the significance of the rule with the phrase, “Whatever it takes.”
The report additionally mentions that 500 billion euros could be allocated for infrastructure funding in the upcoming twelve years. The federal states will utilize €100 billion for infrastructure, while the federal government will have access to €300 billion, and the remaining €100 billion will be designated for climate protection.
According to Deutsche Welle, a provision will be included in the German constitution regarding Germany's pledge to attain climate neutrality by no later than 2045.
source: dw.de
The constitutional change to relax the debt brake permits nearly unrestricted expenditure on defense and security. The legislation indicates that funding for the military, along with “federal spending on civil defense, population protection, intelligence operations, safeguarding information technology systems, and support for states attacked in breach of international law,” may also be covered by borrowing in the future.
CDU party leader and probable future German Chancellor Friedrich Merz articulated the significance of the rule with the phrase, “Whatever it takes.”
The report additionally mentions that 500 billion euros could be allocated for infrastructure funding in the upcoming twelve years. The federal states will utilize €100 billion for infrastructure, while the federal government will have access to €300 billion, and the remaining €100 billion will be designated for climate protection.
According to Deutsche Welle, a provision will be included in the German constitution regarding Germany's pledge to attain climate neutrality by no later than 2045.
source: dw.de
