💨 Abstract

German chancellor-in-waiting Friedrich Merz has reached an agreement with the Greens to significantly increase state borrowing for infrastructure and defense spending, potentially boosting Germany's stagnant economy. This agreement may lead to a growth of 2.1% in 2026, instead of the projected 1.1%, according to DIW economic institute. Construction and defense sectors are expected to benefit most.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖