Germany's Budget Overhaul: A Transformation of Fiscal Policy
Published on: Sept. 23, 2025, 4:48 p.m. | Source: Devdiscourse
Germany's Finance Minister Lars Klingbeil unveiled a 2026 draft budget, highlighting a major departure from traditional fiscal restraint with increased borrowing to stimulate growth. The approved budget plans increased spending on defense, infrastructure, and climate projects, while facing internal coalition disputes over welfare and transport funding.
