|
'Fiscal bazooka for Europe's economy': German lawmakers approves huge defence, infrastructure spending
![IndiaTimes]()
Tuesday, 18 March 2025
German lawmakers approved a massive defence and infrastructure spending plan proposed by incoming chancellor Friedrich Merz, allocating up to a trillion euros over the next decade. This plan aims to strengthen Europe's security amid concerns over the US stance on the Ukraine war. The proposal received strong support, paving the way for a new European defence community.
|
|
|
|
|
|
You Might Like
Related videos from verified sources
|
|
|
Tuesday, 18 March 2025
![When it comes to defence tech, Europe could learn lessons on speed from Ukraine [Video]](https://video.newsserve.net/300/v/20250320/1405574284-When-it-comes-to-defence-tech-Europe-could.jpg)
![Germany's parliament passes historic package boosting defence spending [Video]](https://video.newsserve.net/300/v/20250318/1405461740-Germany-parliament-passes-historic-package-boosting-defence.jpg)
![Germany's CDU and SPD reach historic debt deal to jumpstart defence spending [Video]](https://video.newsserve.net/300/v/20250314/1405078134-Germany-CDU-and-SPD-reach-historic-debt.jpg)
