Chancellor-in-waiting Friedrich Merz has struck a groundbreaking deal with the Green party. The agreement ends a tradition of fiscal austerity in order to rearm, help Ukraine and build infrastructure.

Berlin seals a deal to ramp up defense spending indefinitely.

U.S. equities followed European stocks higher on Friday, angling to end a bumpy week on a positive note, although safe-haven ...

Germany’s likely next chancellor Friedrich Merz said Friday his conservatives had struck a deal with the Greens on massively boosting defence and infrastructure spending, paving the way for the plan’s ...

Germany is expected to allocate an additional €3 billion in military aid to Ukraine. There are no more obstacles to this, ...

Berlin, Paris, London, and the other European governments intend to reduce their military dependence on the US by ...

Under Germany's constitution, Merz needs a two-thirds majority to get the changes passed. With the support of the Greens and ...

The agreement between centrist parties, led by the likely next chancellor, Friedrich Merz, was billed as a response to ...

Germany is poised to approve a partial suspension of its constitutional debt limitation to bolster its ability to invest more ...

Euro zone bond yields climbed as Germany's incoming chancellor Friedrich Merz struck a deal with the Greens and Social ...

German Chancellor-in-waiting Friedrich Merz has secured the Greens' support for a €500 billion fund to revitalize infrastructure and overhaul borrowing rules. The plan aims to strengthen defense and ...

German lawmakers have reached an agreement to exempt some defense spending from the nation’s tight rules on running up debt.