Friedrich Merz, poised to become Germany's next chancellor, has successfully pushed Parliament to lift constitutional spending limits, facilitating a 500 billion euro investment in infrastructure over the next 12 years. Despite the potential boost to military and infrastructure projects, observers remain skeptical of Germany’s current state, noting a history of chronic underinvestment. The newly approved funds will allocate 200 billion euros to states and a climate fund, with the remaining invested in infrastructure projects by the government before 2029.
The lifting of Germany's debt brake allows the government to borrow 500 billion euros for infrastructure, but past underinvestment raises concerns about effective utilization of funds.
Germany’s industrial efficiency is in question as it struggles with crumbling infrastructure, despite plans to invest heavily after lifting constitutional spending limits.
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