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Euronews
Euronews
Tamsin Paternoster

Germany's CDU and SPD reach historic debt deal to jumpstart defence spending

CDU SPD Germany Friedrich Merz Greens

After days of intense debate, Germany's leading political parties have announced a historic deal on a spending programme to unlock hundreds of billions of euros for defence and infrastructure.

The plan, proposed by the centre-right Christian Democratic Union (CDU) and the centre-left Social Democratic Party (SPD), would mean defence spending above 1% of Germany's gross domestic product is effectively exempt from the country's constitutionally enshrined "debt brake".

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