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

euronews (in English)

Germany's CDU and SPD reach historic debt deal to jumpstart defence spending  The agreement reached with the Greens would allow Germany to spend up to €1 trillion on defence and infrastructure over the next decade.  READ MORE : http://www.euronews.com/2025/03/14/germanys-cdu-and-spd-reach-historic-debt-deal-to-jump-start-defence-spending  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Transcript

00:00CDU leader Friedrich Merz secured key support from the Greens, clearing the way for a historic

00:09spending bill to unlock billions for defence and infrastructure.

00:14Experts say Germany needs this deal to give the country leverage to face up to security

00:19threats.

00:22We are entering very dirty tariff wars with the US, geopolitical tensions, and Donald

00:29Trump doesn't negotiate with losers, so we only can basically push through our interests

00:35if we bargain from a position of economic strength.

00:40But further reforms are necessary for economic growth.

00:46But now with a package is an even bigger problem because the money is going to boost

00:52demand and if supply doesn't pick up, we're going to hit capacity constraints.

01:00Germany's parliament is set to vote on the proposal next week.

Category

Transcript

Recommended