Germany's 500B Infrastructure Plan
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spending planFortune
•World
World
‘Germany is back’: Coalition unveils bumper $1.3 trillion spending pledge as country breaks with constitution to revive economy
76% Informative
Germany unveils plan to change its constitution and abandon its long-standing commitment to fiscal prudence.
Chancellor-in-waiting parties agreed to a mammoth spending package on Tuesday .
The deal includes a $535 billion fund dedicated to upgrading German infrastructure.
Defense spending will be exempt from Germany 's strict debt brake, opening the way for Europe to increase its defense spending.
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