Hildegard schmeiss den Gelddrucker an, ab jetzt wird zurückgefickt!
Vivivid_ on
Can we trade politicians with Germany? Asking for a friend
Schnix54 on
This includes the effective exclusion for defense from the debt break (not mentioning the 400 billion immediately), which is something I never thought I would see from this country. The 500 billion for infrastructure, as well as relaxing the debt rules for states and municipalities, is also something desperately needed. 1 Trillion is nonetheless a number that is difficult to wrap one’s head around.
Edit: as u/Distinct_Risk_762 informed me they dropped the 400 billion extra defense spending and just exempted defense spending from the debt brake (which has the same effect tbf). Instead they are going with the more vague “whatever it takes” attitude.
cl0udp1l0t on
German here. Pretty big deal. We just had elections and they lost the 2/3 majority to change the constitution and release the debt break. Because of this they will get the money with the old parliament before the new one is in place to avoid deadlock for the years ahead. I did not vote for Merz but tbh. pretty proud rn that German politics still can act quickly if times demand it. To all who say Merz was against new debts and call him out now: Don’t be fucking butt hurt. Nobody could see what was coming. Let’s just be happy they act.
Edit: On the comments that this still has to pass parliament: True but FDP and Greens already pretty much agreed to it in backroom negotiations. Source: Robin Alexander
arkadiT on
Great news. But Bundestag has to vote for it first which is not certain. So the title is misleading.
onlyshuffle_norock on
Correct title would be: Germany’s SPD, CDU agree on major financial package for infrastructure & defence, need to be approved by parliament.
diamanthaende on
The whole volume of almost €1 trillion is enormous, half of it for the Bundeswehr. This is in addition to the EU rearmament program, purely on the national level.
Not a moment too soon and to be fair, only the CDU could have really initiated such a massive reform of the debt brake, as they introduced it in first place.
That is some serious money, allowing the Bundeswehr to become a very serious military force again. Together with Germany’s partners who are also heavily investing, Europe will have nobody to fear in future.
Strategic autonomy, here we come!
Papapalpatine555 on
Well done Germany
Europa Invicta
Ok_Woodpecker17897 on
This is what military Keynesianism looks like. Prepare for boom times in Europe.
hackepeter420 on
FUCKING FINALLY
ScallionBackground52 on
This time with Poland as your ally – you wont be stopped.
DenizzineD on
Linke and Greens will agree. This is good.
Xatick on
Glad to see Germany rise to the occasion! Prost from your neighbours in the north 🍺
ejoy-rs2 on
Great news but what a surprise. Suddenly the debt break can be changed.
bierbelly42 on
What pissing me off most is that we could have had this two years ago. However the CXU blocked the attempt for simple political gain. Bastards.
jokikinen on
As an EU citizen this is reassuring news. As an EU citizen, I’m more or less beholden to competent leadership in Germany. We desperately need our largest country to take an active role.
sloerewth on
Does this mean that the debt taken on now will only be paid through government income (taxes etc) in the future? I’m sure this will boost the economy a fair bit, but if it doesn’t boost it enough, the future governments are essentially even more stifled?
JotdoKa on
Always hoped that the next time Germans will march through Poland to fight russian hordes I will be able to at least cheer for them, or maybe even march with them, instead of being afraid for my life.
HELPIMRETARDED112 on
I can feel my wallet grow 🙂
Aggressive_Leg_2667 on
Whats being hailed as the savior of democracy here is a de-elected government changing fundamental laws while supposedly only being “Geschäftsführend”. It´s literally against what Germans voted for according to the parliament to be formed. But yeah great news finally we can push inflation through the roof
limitbreakse on
Never thought I’d see the day that Germany got off its ass and invested some money.
SuspectKnown9655 on
Cautiously optimistic
Ok_Photo_865 on
Weapons,Weapons,Weapons, please.
Kunze17 on
Merz the last 3 years: We cant make new dept
Merz the second he won:
SweetAlyssumm on
Great Germany, and you could have done this 10 years ago instead of believing a fairy godmother would always be there to pay your defense bills.
26 commenti
Good.
Hildegard schmeiss den Gelddrucker an, ab jetzt wird zurückgefickt!
Can we trade politicians with Germany? Asking for a friend
This includes the effective exclusion for defense from the debt break (not mentioning the 400 billion immediately), which is something I never thought I would see from this country. The 500 billion for infrastructure, as well as relaxing the debt rules for states and municipalities, is also something desperately needed. 1 Trillion is nonetheless a number that is difficult to wrap one’s head around.
Edit: as u/Distinct_Risk_762 informed me they dropped the 400 billion extra defense spending and just exempted defense spending from the debt brake (which has the same effect tbf). Instead they are going with the more vague “whatever it takes” attitude.
German here. Pretty big deal. We just had elections and they lost the 2/3 majority to change the constitution and release the debt break. Because of this they will get the money with the old parliament before the new one is in place to avoid deadlock for the years ahead. I did not vote for Merz but tbh. pretty proud rn that German politics still can act quickly if times demand it. To all who say Merz was against new debts and call him out now: Don’t be fucking butt hurt. Nobody could see what was coming. Let’s just be happy they act.
Edit: On the comments that this still has to pass parliament: True but FDP and Greens already pretty much agreed to it in backroom negotiations. Source: Robin Alexander
Great news. But Bundestag has to vote for it first which is not certain. So the title is misleading.
Correct title would be: Germany’s SPD, CDU agree on major financial package for infrastructure & defence, need to be approved by parliament.
The whole volume of almost €1 trillion is enormous, half of it for the Bundeswehr. This is in addition to the EU rearmament program, purely on the national level.
Not a moment too soon and to be fair, only the CDU could have really initiated such a massive reform of the debt brake, as they introduced it in first place.
That is some serious money, allowing the Bundeswehr to become a very serious military force again. Together with Germany’s partners who are also heavily investing, Europe will have nobody to fear in future.
Strategic autonomy, here we come!
Well done Germany
Europa Invicta
This is what military Keynesianism looks like. Prepare for boom times in Europe.
FUCKING FINALLY
This time with Poland as your ally – you wont be stopped.
Linke and Greens will agree. This is good.
Glad to see Germany rise to the occasion! Prost from your neighbours in the north 🍺
Great news but what a surprise. Suddenly the debt break can be changed.
What pissing me off most is that we could have had this two years ago. However the CXU blocked the attempt for simple political gain. Bastards.
As an EU citizen this is reassuring news. As an EU citizen, I’m more or less beholden to competent leadership in Germany. We desperately need our largest country to take an active role.
Does this mean that the debt taken on now will only be paid through government income (taxes etc) in the future? I’m sure this will boost the economy a fair bit, but if it doesn’t boost it enough, the future governments are essentially even more stifled?
Always hoped that the next time Germans will march through Poland to fight russian hordes I will be able to at least cheer for them, or maybe even march with them, instead of being afraid for my life.
I can feel my wallet grow 🙂
Whats being hailed as the savior of democracy here is a de-elected government changing fundamental laws while supposedly only being “Geschäftsführend”. It´s literally against what Germans voted for according to the parliament to be formed. But yeah great news finally we can push inflation through the roof
Never thought I’d see the day that Germany got off its ass and invested some money.
Cautiously optimistic
Weapons,Weapons,Weapons, please.
Merz the last 3 years: We cant make new dept
Merz the second he won:
Great Germany, and you could have done this 10 years ago instead of believing a fairy godmother would always be there to pay your defense bills.