Substantial

Germany's parliament has recently taken a significant step by approving plans for an unprecedented surge in spending. This move marks a departure from decades of fiscal restraint, with the aim of revitalizing economic growth and increasing military expenditure in a new era of European collective defense. The Bundestag's endorsement hands a considerable advantage to conservative leader Friedrich Merz, providing the chancellor-in-waiting with access to hundreds of billions of euros for investment. This comes on the heels of…