Germany Approves Historic €1 Trillion Defense and Infrastructure Spending

Germany's parliament has approved a massive €1 trillion spending package aimed at strengthening its military and revitalizing infrastructure.

The move marks a historic shift in German defense policy, breaking free from military dependence on the U.S. and positioning itself as a dominant force in Europe. The package also includes a reform to the country's borrowing rules, lifting the 'debt brake' to allow for increased spending. The decision is seen as a response to growing geopolitical tensions, particularly with Russia.

The approval by the Bundesrat clears the way for Germany to significantly expand its defense capabilities and boost economic growth.