The German cabinet has approved the 2026 budget, which includes record investments
2025-07-30 09:18:36
On Wednesday, Germany's cabinet approved a draft budget for 2026 that includes record 126.70 billion euros in investment and 174.30 billion euros in borrowing aimed at bolstering infrastructure and defense. Europe's largest economy has turned from an economic powerhouse to a laggard in the euro zone, and Germany is abandoning decades of fiscal conservatism in an effort to revive economic growth, modernize its decrepit infrastructure and expand military spending.
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