Categories: Estero

Germany votes for historic boost to defence spending | BBC News


German lawmakers have voted to allow a huge increase in defence and infrastructure spending – a seismic shift for the country that could reshape European defence.

A two-thirds majority of Bundestag parliamentarians, required for the change, approved the vote on Tuesday.

The law will exempt spending on defence and security from Germany’s strict debt rules, and create a €500bn ($547bn; £420bn) infrastructure fund.

This vote is a historic move for traditionally debt-shy Germany, and could be hugely significant for Europe, as Russia’s full-scale invasion of Ukraine grinds on, and after US President Donald Trump signalled an uncertain commitment to Nato and Europe’s defence.

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