The reform debt policies would allow higher defense spending and create a €500 billion ($548 billion) infrastructure and climate fund. The proposal, backed by the CDU-CSU and SPD, seeks to exempt defense and infrastructure-related loans from the debt brake, while also granting more flexibility to Germany’s states. A two-thirds majority is required for the package to pass, and the Bundesrat must also approve it on Friday.
Meanwhile Fitch is saying:
Pressure could arise under Germany's AAA rating in a long-term if spending not offset by consolidation or last improvement in growth. This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about bundstag vote is underway was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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