Friedrich Merz Defends Shift on Germany's Debt Brake Reform
The CDU leader rejects accusations of election deception, emphasizing the necessity of constitutional changes for investment and defense spending.
- Friedrich Merz, CDU leader and likely next German chancellor, has dismissed accusations of misleading voters regarding his support for reforming the debt brake.
- Merz stated he had previously signaled openness to constitutional changes, arguing that such reforms are needed to enable critical investments in infrastructure and defense.
- A coalition agreement between CDU/CSU, SPD, and Greens includes a €500 billion debt-financed package, with €100 billion allocated to climate protection measures.
- The reform requires a two-thirds majority in the Bundestag, prompting a vote in the outgoing parliament to bypass potential opposition from the new composition.
- Critics, including FDP and Left Party leaders, accuse Merz of political opportunism and undermining fiscal responsibility, while the CDU defends the reform as addressing current challenges.