The lightning rally in the euro comes after Germany’s Chancellor-in-waiting Friedrich Merz announced a deal to fund investment in defence and infrastructure, as European leaders prepare to shoulder more of the burden for the region’s security and support Ukraine.
The parties hoping to form Germany's next government agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules in a tectonic spending shift to revamp the military and revive growth in Europe's largest economy.
The parties hoping to form Germany's next government have agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules, a tectonic spending shift that jolted markets on Wednesday on hopes of reviving Europe's largest economy.
EUR/NZD climbed on Tuesday as the euro was aided Germanys election result and growing speculation about a potential peace deal in Ukraine. Friedrich Merz is poised to become Germanys next chancellor after
Germany's Green party opposes likely Chancellor Friedrich Merz's plan to increase state borrowing, potentially derailing a 500 billion euro infrastructure fund. The Greens demand climate-friendly measures and seek negotiations.
Friedrich Merz, who once presented himself as the last line of defence against debt madness, is now set to push Germany’s new debt into the trillion-euro range. This program will accelerate the country's economic decline,
A provision would exempt defence spending above 1% of GDP from debt brake rules, enabling Germany to increase military spending without limit. View on euronews
The parties hoping to form Germany's next government have agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules, a tectonic spending shift that jolted markets on Wednesday on hopes of reviving Europe's largest economy.
Not so long ago, European corporate bosses were worried about missing out on the “Trump bump”. U.S. President Donald Trump’s November victory briefly supercharged the long-running outperformance of the world’s largest economy and stock market,
Germany's likely chancellor-to-be announces a political deal to raise hundreds of billions of euros in extra spending.
Germany's conservative election winner Friedrich Merz came a step closer Saturday towards forming a government which he has pledged will revive Europe's top economy and its armed forces with massive new spending.
Berlin has acknowledged that its budget rules are no match for the double danger facing Germany: A significant threat to its security, and also a serious risk of economic collapse.