Germany is facing a pivotal debate over reforming its debt brake as it seeks to increase defence and infrastructure spending. Friedrich Merz, poised to be the next Chancellor, is pushing for a €500 billion special fund, backed by the CDU/CSU and SPD, to bolster military and economic capabilities. This move requires a constitutional amendment, demanding a two-thirds majority in the Bundestag.
While the proposal enjoys significant public support, with 71% favoring increased defence expenditure, political hurdles remain. The Greens are undecided, wary of the financial implications, and the AfD and The Left are staunchly opposed, citing constitutional concerns.
The plan responds to geopolitical tensions and past shifts in US military support, highlighting Germany's need to fortify its defence posture. Yet, critics argue that simply increasing spending without structural economic reforms might be insufficient to enhance competitiveness. The debate underscores broader European defence strategies, including calls for an EU nuclear shield and joint military projects.
Amidst these discussions, Germany's political landscape remains divided, with the need for a consensus on financial responsibility and security strategy taking center stage.
