💨 Abstract

The conservatives and Social Democrats in Germany agreed to soften the debt brake to boost defense spending and create a 500 billion euro infrastructure fund. This move was positively received by economists, who believe it signals Germany's commitment to defense and infrastructure spending. The euro rallied on the news, and European defense company shares surged. The new measures aim to address years of underinvestment and stimulate economic growth in Germany.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖