Frankfurt, Germany, May 21, 2025 (AFP) - German 'bazooka' spending package must be used wisely: experts

NAMPA / AFP

2025-05-21

Germany's new government must ensure massive new public spending is deployed carefully so that it boosts growth over the long term, otherwise it could be wasted, influential economic experts warned Wednesday. Friedrich Merz, even before taking office as chancellor this month, persuaded MPs to vote in favour of setting up a fund to boost infrastructure and ease strict debt rules to pave the way for vast extra outlays on defence. The government's c......

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