German Parliament Faces Key Votes on Historic €500 Billion Financial Reform
The Bundestag and Bundesrat are set to decide on a groundbreaking financial package, but political tensions and regional disagreements could pose significant hurdles.
- The proposed €500 billion financial package aims to fund defense, infrastructure, and climate initiatives, requiring constitutional amendments to loosen Germany's debt constraints.
- The package includes €100 billion earmarked for climate action, with 'climate neutrality by 2045' set to be enshrined in the German constitution for the first time.
- Approval in the Bundesrat hinges on Bavaria's six votes, as internal divisions within the CSU-Freie Wähler coalition threaten the required two-thirds majority.
- FDP leader Christian Dürr criticized the package as a 'generational debt burden,' while the Greens hailed it as a major win for climate policy.
- The Bundestag is scheduled to vote on the package on Tuesday, followed by a decisive Bundesrat session on Friday, with Chancellor-designate Friedrich Merz urging swift action.






















