An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.

The German parliament has voted in favour of a huge fiscal package and changes to the debt brake. Click to read.

Germany’s top court rejected additional attempts to prevent the nation’s outgoing parliament from making changes to the constitution to remove limits on defense borrowing and set up a €500 billion ($546 billion) infrastructure fund.

Yesterday, the German parliament approved a historic amount of debt-funded investment in defence and infrastructure. Over the next few years, Germany may spend up to €1 trillion (£841 billion) on

Germany's parliament approved plans for a massive spending surge on Tuesday, throwing off decades of fiscal conservatism in hopes of reviving economic growth and scaling up military spending for a new era of European collective defence.