On June 24, 2025, German Chancellor Friedrich Merz is expected to address the Bundestag, focusing on Germany's involvement in the Israel-Iran war, Ukraine, and NATO's budget targets. The German Cabinet has recently approved a draft budget for 2025, setting defense spending at 2.4% of GDP, marking a significant increase aimed at strengthening national security amidst rising global tensions. The 2025 budget will include record investments to stimulate growth, with the final vote anticipated by September. In related news, a report on rising shoplifting trends highlights economic pressures affecting various demographics in Germany.
The draft budget for 2025 includes a significant focus on defense spending, which will reach 2.4% of Germany's GDP, as part of efforts to enhance national security.
Chancellor Merz is poised to address parliament on pivotal issues including Germany's involvement in the Israel-Iran war and the ongoing situation in Ukraine.
The German Cabinet has approved plans for record investments aimed at promoting economic growth, with the budget expected to receive final approval in September.
As shoplifting rises, particularly among senior citizens, this trend reflects broader social challenges that need to be addressed as part of economic discussions.
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