Friedrich Merz passed a major test as the outgoing parliament voted 513-207 in its final meeting to approve the plans.

The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing that is set to super-charge the country’s military spending.

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.

Chancellor-in-waiting Friedrich Merz's conservatives and the centre-left Social Democrats, currently in talks to form a government following last month's election, had proposed a 500-billion-euro ...

With the Trump administration expected to disengage from Europe, bloc leaders appear to be serious about banding together on ...

The large package of measures, aimed at waiving Germany's debt rules for defense spending and setting up an infrastructure ...

German trade associations say a multi-billion-euro spending package that passed the Bundestag earlier on Tuesday comes with ...

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 ...

German 10-year borrowing costs could rise to 4%, their highest since 2008, in coming years as it massively increases its spending on defence and infrastructure, French bank BNP Paribas said on Tuesday ...

The vote to unleash borrowing for the military and Ukraine is a “first major step towards a new European defense community,” says incoming chancellor Friedrich Merz.

The German government for years concealed an assessment by its Foreign Intelligence Service that a lab origin of COVID-19 was ...

Germany’s Greens say they won't support the prospective next government’s plans to loosen debt rules for defense spending and ...