💨 Abstract

Germany's lower house of parliament is set to vote on a massive surge in borrowing, amounting to €500 billion, for infrastructure and defense spending. The agreement between the Greens and German chancellor-in-waiting Friedrich Merz could boost Germany's economy by an average of more than two percentage points per year over the next 10 years, according to economists. The construction and defense sectors are expected to benefit most.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖