The CDU/CSU, led by Friedrich Merz, and the Social Democrats (SPD) have reportedly reached an agreement with the Greens to significantly increase government borrowing. This decision is pivotal as it aims to secure necessary financial resources ahead of a crucial parliamentary vote next week. The agreement, while still in negotiation stages for finer details, indicates a coalition effort among key political players in the German government to advance fiscal policies amid economic challenges.
The CDU/CSU and SPD have reportedly brokered a significant agreement with the Greens to increase government borrowing, highlighting a critical coalition in the German parliament.
Friedrich Merz, leader of the CDU/CSU bloc, requires the support of the Greens to successfully pass a controversial debt plan that necessitates a two-thirds majority.
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