Browsing: featured-eu

Important highlights form news that matters and that you must see. We have highlighted it for you and pin it to your page.

Germany approves historic increase in defence and infrastructure spending 

Europe

The German Bundestag approved a €500 billion fund to boost defense and infrastructure spending, marking a significant shift from the country’s traditional fiscal conservatism. The legislation proposes easing Germany’s strict debt rules, allowing increased borrowing to enhance military capabilities and stimulate economic growth.

Russia and Ukraine continue attacks despite Trump-Putin call 

Europe

In the aftermath of a significant phone conversation between U.S. President Donald Trump and Russian President Vladimir Putin, tensions between Russia and Ukraine have escalated, with both nations accusing each other of violating a newly established ceasefire.

Germany set to vote on historic increase in defence spending

EU

Germany’s Bundestag is poised to vote on a significant fiscal package that proposes amendments to longstanding debt policies, aiming to facilitate increased defence spending and establish a €500 billion infrastructure and climate fund.

The vote is seen as a response to Russia’s advances in Ukraine as the United States makes clear Europe can no longer rely on US protection from Russia.

Supporters of lifting the debt restrictions to boost defence spending say it’s essential for European security but there is also opposition. The decision could influence broader European defence initiatives, like the EU’s proposed €800 billion ReArm Europe fund.