German parliament passes historic debt reform, paving the way for higher defense spend

Armine Yalnizyan: ‘Victory bonds’ were vital to funding the First and Second World wars. Let’s not wait for the storm to hit before bringing them back

It’s time to shift gears from "Buy Canadian" to "Save Canada." This citizen-driven wartime funding effort worked before, and it can work again, Armine Yalnizyan writes.

Germany has dealt 'death blow to the euro' - AfD leader

Eurozone stability is under threat due to Berlin's military spending boost and debt brake overhaul, Alice Weidel warns Berlin's move to overhaul its national debt rules in order to boost military spending has jeopardized the economic stability of the euro area, according to Alice Weidel, the co-leader of the Alternative for Germany (AfD) party. Her comments came shortly after the federal legislature approved the measure. On Tuesday, the Bundesta…

The territorial representative body has approved the constitutional reforms agreed by Conservatives, Social Democrats and the Greens to allow for a historic increase in defence spending and investments in infrastructure and climate protection The German Bundestag approves the plan to loosen the debt ceiling for rearmament and investment in infrastructure and climate The Upper House of the German Parliament, a territorial representative body, app…

Germany: Upper house signs off on landmark debt reform plan

A favorable majority of Germany's 16 federal states has voted on an historic change to the country's debt borrowing rules, paving the way for billions of euros in defense and infrastructure spending.

The Bundestag has voted to put more money into the defense. The alarm mood is justified, says an expert.