HomeEconomyGermany: Green Light for the "Bazuca" of giant investments in Merz's defense

Germany: Green Light for the “Bazuca” of giant investments in Merz’s defense

The Germans German confirmed that they have reached an agreement with the future Friedrich Merz Foreign Minister on the Special Giant Investment Fund in the Defense and Modernization of the country. Their voices are necessary to vote for the expenses of this program.

The future Friedrich Merz chancellor can blow: your giant investment plan Intended to rearm and modernize Germany, expected with enthusiasm by the country’s partners, now it is in good rails thanks to a political agreement concluded in Extremis.

The Conservative Chief obtained ecological deputies on Friday, who agreed to lift his “Bazooka” of hundreds of billions of euros, an unprecedented expense program for the first European economy.

He welcomed an “acceptable and good commitment to all participants”, after a week of negotiations with the greens who indicated the deficiencies of the project. A fault would have a very bad signal for the future leader, whose initiative was welcomed by the European capitals.

With environmental deputies, Friedrich Merz can now count on the majority of the two thirds necessary for the Constitution to amend and soften the country’s debt rules. Voting in the text will take place next Tuesday in the lower room of Parliament, the Bundestag. Then, the Bundesrat, which represents the regions, will also have to adopt it.

“Liberate” Germany from their “financial channels”

This vote will be an opportunity to “free” Germany from their “financial channels” to send an “important signal to Europe, Ukraine, Vladimir Putin and Donald Trump,” said Lars Klingbeil, head of the Social Democrats in these negotiations on Friday.

Giving their backs to decades of budgetary orthodoxy, conservatives and social democrats, probably partners in the next government, offer an important turning point to Germany, in the form of relaxation of the debt rules for military spending and regions, as well as a special fund of 500 billion euros for 12 years to renew the infrastructure.

With this plan, “he will no longer lose any financial means to defend freedom and peace” in Europe, he promised.

100 billion for the weather

On Thursday during the examination of the text in Parliament, Friedrich Merz had considered “irresponsible” to delay the back of the country at a time when Europe must take care of its safety against the United States, which has become unpredictable.

But the green ones, whose voices are essential, have raised the auctions, deplorating the absence of a global review of the “debt brake” and more structural reforms on safety and climatic transition.

To obtain your support, Friedrich Merz announced to enclose a fifth of the special fund, or 100 billion euros, to climatic measures.

“At this level, these 100 billion euros will make a difference,” said the co-chief of the Katharina Dröge ecological group.

Increase in Ukraine

Another victory for the curator: with the vote of the new plan, the outgoing chancellor Olaf Scholz should unlock additional military support “next week” of 3 billion euros for Ukraine, Friedrich Merz said Friday. This additional assistance package was a source of tensions between social democrats and environmentalists within the current government.

Another good news for the future Chancellor came from Karlsruhe, where the Constitutional Court rejected the appeal of the parties by far and the radical left aimed at prohibiting the celebration of the vote for the current Bundestag.

The future chancellor is under pressure for its plan to adopt its current plan because when the new elected Bundestag officials will meet on March 25, these parts, the alternative for Germany (AFD) and the left (Die Linke) will have a locking minority.

The AFD leader, Alice Weidel, denounced on Thursday, before the deputies, “a financial blow”, accusing Friedric Merz of betraying his electoral promises on the budget discipline by launching “” the largest debt package since the creation of the Federal Republic. “

This part of parliamentary chess takes place in parallel with the negotiations between conservatives and social democrats with a view to the formation of a “great coalition” that Friedrich Merz expects to establish before April 21.

Author: MC with AFP
Source: BFM TV

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