Friedrich Merz, leader of Germany's CDU, is pushing to amend the country's strict fiscal rules to significantly increase defense spending. This proposal seeks to exempt military expenditures from the existing debt brake, which limits national borrowing. Alongside the SPD, they plan to create a €500 billion fund for infrastructure. However, the Greens oppose this plan, asserting it ignores critical investment in the clean energy transition, and have proposed their own plan that reallocates current budget funds more effectively.
"The CDU and SPD proposed exempting defense spending from the debt brake, which currently limits the structural deficit, seeking to rearrange fiscal priorities amid pressing crises."
"The Greens are advocating for a redefinition of 'defense' funding, emphasizing the necessity for transitioning to clean energy as a parallel priority to military spending."
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