Germany: The pivotal role of the Bundesrat
Germany's second chamber of parliament, the Bundesrat, might throw a wrench in Friedrich Merz's debt brake reform. The chamber representing Germany's 16 states must approve all laws that affect states ...
The Edge Singapore6d
Germany’s landmark spending bill wins final lawmaker backing
The armed forces are also a focus, with Merz and the Social Democrats committed to a massive military buildup after years of ...
Germany: Upper house signs off on landmark debt reform plan
A favorable majority of Germany's 16 federal states has voted on an historic change to the country's debt borrowing rules, paving the way for billions of euros in defense and infrastructure spending.
The Associated Press on MSN9d
German lawmakers approve huge defense and infrastructure spending
Germany's would-be next chancellor, Friedrich Merz, won lawmakers' approval to loosen strict debt rules for higher defense ...
Yahoo Finance6d
German upper house of parliament clears borrowing bonanza
And scale up the military. The Bundesrat represents Germany's 16 states. And Friday's vote clears the final hurdle for the historic fiscal policy shift to be signed into law. The legislation ...
KRQE Blogs9d
Germany’s likely next leader wins parliament’s backing for huge defense and infrastructure spending
The package faces another hurdle Friday in parliament’s upper house, which represents Germany’s 16 state governments. They are also set to be given more freedom to borrow money. A two-thirds ...