All go in Germany..Germany’s Bundestag approves €500...

All go in Germany..
Germany’s Bundestag approves €500 billionfiscal package

Germany’s parliament has approved a €500billion ($548 billion) spending package, marking a historic shift in thecountry’s fiscal policies. The legislation passed with 513 votes in favor and207 against and now moves to the Bundesrat for final approval on Friday.

The package relaxes Germany’s debt brake,allowing increased borrowing for defense, infrastructure, and climate projects.The move, driven by security concerns and economic stagnation, has beendescribed as a “historic fiscal regime shift” by Deutsche Bank’s Robin Winkler.