The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing that is set to super-charge the country’s military spending.

Germany’s incoming chancellor Friedrich Merz has expressed “confidence” about Tuesday’s make-or-break vote in parliament over his plans to unlock up to €1tn for the country’s armed forces and ageing infrastructure.

German lawmakers will vote Tuesday on a massive spending boost for defence and infrastructure proposed by chancellor-in-waiting Friedrich Merz amid concern over the United States' commitment to Europe's security.

The likely next chancellor of Germany, Friedrich Merz, announced on Friday, March 14, that he had secured enough votes to enable a massive new expenditure plan aimed at infrastructure and

Germany's parliament approved plans for a massive spending surge on Tuesday, throwing off decades of fiscal conservatism in hopes of reviving economic growth and scaling up military spending for a new era of European collective defence.

Germany's would-be next chancellor, Friedrich Merz, won lawmakers' approval to loosen strict debt rules for higher defense spending as doubts mount about the strength of the trans-Atlantic alliance.