A vote by Germany’s parliament to overhaul government spending caused the euro to gain against the dollar, boosted European stocks and sent German shares to near-record highs. “The truth is ...

Germany just made history by approving a record-breaking €500 billion borrowing plan! This move loosens the country’s strict "debt brake" to fund defence, infrastructure, and climate projects.

Germany's parliament on Tuesday passed a historic bill unlocking a record level of state borrowing for defence and infrastructure through amending the country's constitutionally enshrined fiscal ...

A vote by Germany's parliament to overhaul government spending caused the euro to waver, although it also sent European stocks higher and boosted German shares to near-record highs. Even so ...

BERLIN — Germany's would-be next chancellor, Friedrich Merz, won lawmakers' approval Tuesday for ambitious plans to loosen the nation's strict debt rules for higher defense spending as doubts ...

Altogether, 513 of 720 lawmakers who cast votes in Germany’s Bundestag, or lower house of parliament, backed the bill. Merz needed a two-thirds majority to pass the necessary amendments to the ...

Despite suffering a significant setback in the recent federal election, Germany's Greens have helped push through a major spending package to boost infrastructure, defense and climate protection.

European markets closed higher on Tuesday, with investor focus on Germany's historic debt reform ... to support the package in order for it to pass. The law also needs to be approved by the ...