Germany's Bundestag debates historic financial package DW 03/18/2025
Briefly

Germany is poised to approve a multibillion-euro spending package aimed at enhancing defense, infrastructure, and climate initiatives. Backed by a coalition of major parties, this plan responds to both internal and external challenges faced by the nation. Friedrich Merz, the likely next Chancellor, highlighted the urgent need for a revamped European defense strategy, criticizing the past complacency regarding security. He stated that increased borrowing for defense would signal the start of a new era in European cooperation, emphasizing collective responsibilities beyond the EU.
Germany's expected next Chancellor Friedrich Merz emphasized that the decision to increase defense spending marks a pivotal moment for European security, denouncing the previous false sense of security.
Merz noted that Germany's investment plan, backed by major political parties, is essential to address both domestic and foreign challenges while marking the beginning of a restructured European defense community.
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