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Germany Moves Closer to Historic €500 Billion Investment Plan

The Bundestag and Bundesrat prepare for critical votes on a constitutional amendment enabling debt-financed spending on infrastructure, defense, and climate goals.

  • Union, SPD, and Greens have finalized a deal for a €500 billion debt-financed investment package, requiring constitutional amendments.
  • The plan includes €100 billion for climate initiatives, marking the first inclusion of 'climate neutrality by 2045' in the German constitution.
  • The package faces opposition from some CDU and FDP members, citing concerns over rushed procedures and generational fairness.
  • Key votes in the Bundestag and Bundesrat this week will determine the package's future, with Bavaria's position seen as pivotal in the Bundesrat.
  • The Federal Constitutional Court has rejected multiple emergency motions to delay the Bundestag vote, clearing the way for Tuesday's session.
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