Bundestag Approves Historic €500 Billion Financial Package
The package includes constitutional amendments easing debt rules and sets the stage for a new coalition government under Friedrich Merz.
- The Bundestag passed the €500 billion financial package with the required two-thirds majority, including constitutional amendments to loosen debt rules for defense and infrastructure spending.
- The package establishes a special fund for infrastructure and climate neutrality, with €100 billion allocated specifically for climate measures.
- Defense spending exceeding 1% of GDP will now be excluded from Germany's debt brake under the new constitutional amendments.
- The Bundesrat is scheduled to vote on the package on March 21, 2025, requiring a two-thirds majority for final approval.
- Opposition parties criticized the package for its scale and potential burden on future generations, while the Federal Constitutional Court rejected legal challenges to delay the vote.













































































































































