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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.
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 ...
Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector. The automaker said in a statement ...
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 ...
BERLIN — Germany's government plans to release €3 billion in military aid for Ukraine following the passage of a historic spending plan this week. Speaking to lawmakers from his Christian Democratic ...
In 2024, Tesla saw a 41% reduction in sales in Germany compared to 2023 despite EV sales surging 27% during the year. This has already raised red flags about Tesla’s future in Germany ...
"That is why we have to act fast," Merz said. Outgoing Foreign Minister Annalena Baerbock said the proposals were a "strong signal that Germany is serious about its own security, about the ...
A German service member stands in front of a transport plane Airbus A400M (L) and a Eurofighter jet during the Air Defender Exercise 2023 at the military air base in Lechfeld, southern Germany ...
BERLIN, March 17 (Reuters) - Germany's constitutional court threw out new challenges by opposition parties against a plan by the prospective coalition government to push a massive public borrowing ...