Chancellor-in-waiting Friedrich Merz has struck a groundbreaking deal with the Green party. The agreement ends a tradition of fiscal austerity in order to rearm, help Ukraine and build infrastructure.

Berlin seals a deal to ramp up defense spending indefinitely.

U.S. equities followed European stocks higher on Friday, angling to end a bumpy week on a positive note, although safe-haven ...

Germany’s likely next chancellor Friedrich Merz said Friday his conservatives had struck a deal with the Greens on massively boosting defence and infrastructure spending, paving the way for the plan’s ...

Under Germany's constitution, Merz needs a two-thirds majority to get the changes passed. With the support of the Greens and ...

The agreement between centrist parties, led by the likely next chancellor, Friedrich Merz, was billed as a response to ...

Germany is poised to approve a partial suspension of its constitutional debt limitation to bolster its ability to invest more ...

German Chancellor-in-waiting Friedrich Merz has secured the Greens' support for a €500 billion fund to revitalize infrastructure and overhaul borrowing rules. The plan aims to strengthen defense and ...

Germany's constitutional court dismissed challenges from opposition parties against a significant public spending plan put ...

German lawmakers have reached an agreement to exempt some defense spending from the nation’s tight rules on running up debt.

Optimism was already building among economists on German and euro zone growth in a Reuters poll taken just before key ...

European markets were higher on Friday, with geopolitical developments, economic updates and corporate earnings in focus.