Frankfurt, Germany, June 24, 2025 (AFP) - German budget plans outline vast spending - and record debt

NAMPA / AFP
2025-06-24
Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget plans with the aim of reviving the economy and building up the military. The plans approved by Chancellor Friedrich Merz's cabinet included the 2025 draft budget -- delayed after the previous government collapsed last year -- as well as the outline for public finances until 2029. The ambitious programme for coming years, to be......
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