💨 Abstract

Germany's outgoing parliament may approve a new defense spending fund before dissolving, but broader borrowing reforms will be delayed until the new parliament, according to a senior ally of election winner Friedrich Merz. The delay could hinder Germany's efforts to increase military capabilities amid tensions with the U.S., Russia, and China. Merz has urged Europe to strengthen its own defense capabilities and warned against the U.S. turning its back on allies.

Courtesy: theprint.in

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