Friedrich Merz, likely to become Germany's next chancellor, proposed substantial increase in defense and infrastructure funding amid concerns about the U.S. commitment to NATO. This announcement follows recent elections where his Christian Democrats (CDU) won, and comes during coalition discussions with the Social Democrats (SPD) and CSU. The resulting coalition intends to amend the constitution to lift restrictions on defense spending, aiming for a new €500 billion investment fund to stimulate the economy and address infrastructure needs, echoing Merz's call for decisive action in safeguarding Europe’s security.
Friedrich Merz has stated that in light of the emerging threats, Germany must adopt a mantra of 'whatever it takes' to bolster its defense capabilities.
The new government coalition aims to amend the German constitution to allow for increased defense spending beyond the current GDP limit, signaling a shift in policy.
Markus Soder emphasized that strengthening defense and infrastructure is vital to ensure peace and stability in Europe amidst growing concerns over US involvement in NATO.
Klingbeil remarked on the urgency of tackling the investment log-jam, asserting that revising Germany's constitutional debt brake is essential for implementing necessary economic measures.
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