Euro Surges Amid New German Defense Fund and Minerals Deal with Ukraine ...Middle East

Devdiscourse - Opinion
Euro Surges Amid New German Defense Fund and Minerals Deal with Ukraine
source : Devdiscourse ( Middle East ) () 47
The euro advanced against the U.S. dollar on the back of Germany's political parties proposing a significant infrastructure fund and modifications to borrowing regulations aimed at increasing defense spending. Friedrich Merz of the CDU/CSU, poised to be Germany's next chancellor, announced plans to move a motion in parliament proposing constitutional changes for defense expenditures.

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