Nowhere is that shift as prominent as in Germany. Its armed forces, known as the Bundeswehr, have been the victim of years of underinvestment – but that is set to change. Presumptive Chancellor ...
Bringing energy costs down will be key to Germany’s economic recovery. Businesses are urging the incoming government to act swiftly and decisively to lower energy costs and boost energy security ...
Mr. Hermsmeier is a journalist who writes about Germany’s politics and society. Friedrich Merz didn’t waste time. Having led his party, the Christian Democrats, to first place in Germany’s ...
It will also enable usually fiscally conservative Germany to create a €500 billion ($545 billion) fund for infrastructure. Robin Winkler, a senior economist at Deutsche Bank, called the debt ...
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 ...
Germany will unlock hundreds of billions of euros for defense and infrastructure investments in a dramatic shift that upends its ironclad controls on government borrowing. Chancellor-in-waiting ...
Photo: Kevin Lamarque/Reuters/Amanda R. Gray/U.S. Navy ‘Germany is back,” incoming Chancellor Friedrich Merz declared Friday, and it may even be true. He was announcing an unprecedented ...
But it was a crucial hurdle and its passage was celebrated by the centrist lawmakers who hope it will allow Germany to shoulder a more powerful leadership role at a critical moment for Europe.
Nearly 5.4 million people in Germany receive Bürgergeld — social benefit payments that cover a wide range of needs, from the unemployed to the working poor to adults with disabilities.
Germany’s previous coalition government could not agree on necessary measures to achieve the binding national 2030 climate targets and a number of political issues were left unresolved. But in ...
BERLIN, March 22 (Reuters) - Germany has temporarily closed its embassy in South Sudan's capital Juba because of rising tensions that have brought the East African country to the verge of civil ...