Author: Al Jazeera
Published on: 10/03/2025 | 00:00:00
AI Summary:
Germany’s Green Party threatens to torpedo plans put forward by chancellor Friedrich Merz. Merz wants to relax strict limits imposed by the “debt brake” in Germany to invest more in defence and security. Germany’s constitutional “debt brake” limits new borrowing to 0.35 percent of gross domestic product (GDP) Merz’s proposal would exempt military spending from that rule – setting no upper limit for “necessary defence spending” The changes would also establish the fund for infrastructure to be spent over 10 years. The AFD on Monday lodged urgent legal motions with the constitutional court. Merz and his partners from the SPD were creating a “treasure chest” to fund their political priorities, including tax cuts.
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