"Germany's Bundestag, or lower house of parliament, has approved its 2025 budget, greenlighting a total of 502.5 billion ($588.25 billion) in expenditures. The budget came after fiscal reforms were loosened to allow the government to take on more debt. The budget will see almost 82 billion in new borrowing. The 2025 budget envisions record investments in the areas of defense and infrastructure."
"Philipp Lahm, the former captain of Germany's national football team, who was also chief organizer of Euro 2024, is to receive the Order of Merit on October 1, the office of German President Frank-Walter Steinmeier said on Thursday. "Philipp Lahm is one of the defining personalities of German football, both on and off the pitch," the statement said. "As head of organization for the 2024 European Championship in Germany, he contributed significantly to the success of the e"
Germany approved a €502.5 billion 2025 budget that includes almost €82 billion in new borrowing after fiscal reforms were loosened to permit greater debt. The budget allocates record investments to defense and infrastructure. Lawmakers voted amid criticisms and ahead of anticipated debate on the 2026 budget later this year. Chancellor Friedrich Merz plans to meet Spanish Prime Minister Pedro Sánchez in Madrid, with a significant policy divide between them. A new survey outlines Germans' biggest fears for the year. Former national team captain Philipp Lahm will receive the Order of Merit on October 1 for his football and Euro 2024 organizational contributions.
Read at www.dw.com
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