Bloomberg Television
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#Germany is ready to spend billions on defense #politics #shorts
Posted
March 7, 2025
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March 7, 2025
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1:22Now PlayingGermany is planning a surge in spending, taking on a far greater share of Europe's defense.
Chancellor-in-waiting Friedrich Merz plans to free Germany from the fiscal straitjacket that former leader Angela Merkel had locked her country into for more than a decade, a move that will revolutionize public finances and pave the way for Europe’s most powerful economy to bulk up the region’s defense.
But as Bloomberg's Alexander Weber explains, short-term hurdles remain.
#russia #ukraine #europe #trump #war #nato
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