The Latest Breaking News from Friedrich Merz

Germany has passed a landmark spending bill, unlocking hundreds of billions of euros for defence spending and infrastructure investment. While the historic debt reform is expected to boost Europe’s largest economy, there are further implications for its stock and bond markets.

Historic levels of spending on military and infrastructure secured in Bundestag with last-minute backing of Greens

Likely next chancellor needs two-thirds majority to back €500bn infrastructure fund and relaxation of debt rules

German lawmakers will vote Tuesday on a massive spending boost for defence and infrastructure proposed by chancellor-in-waiting Friedrich Merz amid concern over the United States' commitment to Europe's security.

At each stop on 1,000-mile trip, discombobulated Europeans are grappling with new and unsettling realities as the US reforges its alliances

The agreement reached with the Greens would allow Germany to spend up to €1 trillion on defence and infrastructure over the next decade.

Backing of Greens is tantamount to approval of chancellor-in-waiting’s proposal to relax debt brake

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to buy up to 29.9 percent of Commerzbank, opening the door to a possible takeover of its German rival.

The defence ministers of Europe's five major powers—France, Germany, the United Kingdom, Poland, and Italy—convened in Paris and reached broad consensus on the necessity of strengthening Ukraine's long-term security by enhancing its armed forces. Meanwhile, Germany's Chancellor-elect, Friedrich Merz, is in discussions with MPs regarding a significant increase in defence…