Overview
- Germany's outgoing Bundestag approved record-high loans to fund defense, infrastructure, and climate initiatives, sparking debates about long-term generational impacts.
- A YouGov survey reveals that 61% of Germans believe the new borrowing will negatively affect younger generations, fueling public discontent.
- The Federal Court of Auditors warns that the debt package risks permanently weakening Germany's constitutional debt brake, with interest costs projected to rise to €37 billion by 2035.
- Finance Minister Wolfgang Schäuble has blocked funding for a €7.5 billion East-West pension equalization plan, labeling it a low-priority measure, leaving its future uncertain.
- Critics, including the Greens and AfD, accuse the coalition of ignoring youth interests, while young people express frustration over being sidelined in policy decisions.