Germany's lower house of parliament will debate a boost in infrastructure spending and sweeping changes to state borrowing rules to boost defence funding from March 13, two parliamentary sources told Reuters on Thursday.
Trump hailed the result as a "GREAT DAY FOR GERMANY," while the far-right AfD party that Elon Musk has championed made historic gains.
But Germany’s voting system is notoriously complex, making it difficult for many to digest the results as they roll in on election night. This year, a newly reformed electoral law designed to shrink a bloated Bundestag will also kick in for the first time,
Germany’s political system is set up to exclude extremists. Yet the country is waking up to a new political reality that has lurched to the right with the once outcast Alternative for Germany (AfD) party now firmly established in German politics.
Still, borrowing of the planned scale would have a significant impact. Moody's, a rating agency, estimates that Germany's deficit would widen by up to 2.5% of GDP (still below the EU average). The debt-to-GDP ratio could increase by 5 percentage points over the next two years.
German voters go to the polls Sunday to elect a parliament that will determine who runs the country for the next four years.
German voters will vote to choose their new Bundestag on Sunday (3). Here is everything you need to know about elections for the lower house of the German Parliament
Germans are going to the polls on Sunday for national elections. Opinion polls suggest the outcome will be a new chancellor and, likely, a new governing coalition.
Should an AfD-led Germany withdraw from NATO, the alliance would surely collapse, as would an EU without Germany. Instead, a German-Russian alliance would fill Europe’s security vacuum and
After Germany’s conservative Christian Democratic Union (CDU) won a plurality of seats in federal elections Sunday, party leader Friedrich Merz
German conservative leader Friedrich Merz, the presumptive next chancellor, has won his constituency in Sunday's parliamentary election, while a number of political heavyweights suffered humiliating defeats.