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Merz's weakened authority threatens EU €2tn budget deal
Financial Times·DE · EU · BE·2 days ago
German Defense Minister Pistorius expects parliamentary approval for a record €140 billion defense budget for next year, reflecting sustained fiscal commitment to rearmament. The sum marks a continued upward trajectory in German defense spending, though parliamentary hurdles remain. This signals durable European defense demand and fiscal expansion, with implications for NATO burden-sharing and European security posture.
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