The great coalition of Merz will lift the brake on debt by rapid road for defense

by Andrea
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El Periódico

The conservative block of the next German Foreign Minister, Friedrich Merz, and its foreseeable social democratic government members have agreed to reform the debt brake and open a extraordinary credit of billions of euros for defense, as well as the creation of a special infrastructure fund. Merz and the dome of the still virtual great coalition announced this agreement without having yet initiated formal negotiations to form government, although they already hold tanteo meetings.

The three parties involved, the Cristianodemocrata Union and its twin Social Cristian Union of Bavaria (CSU), by Merz, and the Social Democratic Party (SPD) are proposed to reform the brake on the debt, a constitutional instrument that limits the 0.35 % borrowing of GDP. They will release restrictions on defense expenses. With regard to infrastructure, a special fund of 500,000 million for a period of ten years.

“We will do everything necessary to guarantee the security of the country,” said Merz, in an appearance together with the leaders of the SPD, Lars Klingbeil and Saskia Esken, as well as that of A CSU Bavara, Markus Söder.

The debt brake was a reason for constant dissent in the coalition between social democrats, green and liberals of Chancellor Olaf Scholz. Finally, the alliance sank for the liberal rejection to more flexible this corset. Following the start of Ukraine invasion, Scholz announced a special package for defense of 100,000 million, a good part of which was destined to kyiv supplies.

Conservatives and social democrats will present the corresponding motion for the constitutional reform Next week to Parliament that remains in office, without waiting for the new Chamber emanating from the general elections of February 23 to be constituted at the end of March.

The Merz block won the elections with about 29 %of the votes, followed by the ultra -rightist alternative for Germany (AFD), with 20 %, while Merz’s social democrats collapsed to 16 %, their record to the historical decline.

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