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Euronews

Tamsin Paternoster

YOU WONT BELIEVE: Germany s cdu and spd reach historic debt deal to jumpstart defence spending - You Need To See This

CDU SPD Germany Friedrich Merz Greens

After days of intense debate, Germany's leading political parties have announced a historic deal on a spending programme to unlock hundreds of billions of euros for defence and infrastructure.

The plan, proposed by the centre-right Christian Democratic Union (CDU) and the centre-left Social Democratic Party (SPD), would mean defence spending above 1% of Germany's gross domestic product is effectively exempt from the country's constitutionally enshrined "debt brake".

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