Economy and macroUpdated Yesterday

German budget panel approves 2027 plan: €210B+ new borrowing.

Germany’s parliamentary budget committee approved a draft spending plan for 2027; that’s a committee sign-off, not final passage by the full parliament. The plan calls for more than €210 billion in new borrowing, with both borrowing and spending above their initial estimates. That comes as Germany increases investment in infrastructure and an expanding military. So the bigger borrowing figure is part of a wider shift: the spending plan is growing too, alongside the investment push.

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Coverage started Yesterday