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International Business Times
International Business Times
World

Germany's Huge Spending Package Passes Final Hurdle In Upper House

Germany United States Donald Trump Markus Soeder CDU Europe
Bavaria's state premier and leader of the Christian Social Union, Markus Soeder, labelled the massive infrastructure spending a new 'German Marshall Plan' (Credit: AFP)

Germany's upper house of parliament on Friday gave the final seal of approval to a massive spending package to build up the military and overhaul infrastructure.

Worth hundreds of billions of euros, the so-called spending "bazooka" has been pushed by the likely next chancellor Friedrich Merz, whose centre-right CDU/CSU won elections last month and is now in coalition talks with the centre-left Social Democrats (SPD).

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