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Confidence in German economy surges as parliament approves huge spending plan

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ZEW institute's survey of investor economic confidence shows its expectations index rose to 51.6 in March from 26 the previous month the highest reading since February 2022 .

Germany ’s lower house of parliament, the Bundestag , was on Tuesday voting to back incoming Chancellor Friedrich Merz's plan to spend up to 1 trillion in coming years on infrastructure and defense.

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