For decades Germany was allergic to debt. But new chancellor Friedrich Merz has – unexpectedly – loosened the country\u2019s constitutional debt brake, injecting hundreds of billions of euros into the armed forces and infrastructure. The move, he hopes, will revive Europe\u2019s largest economy and build up its military as Donald Trump\u2019s US administration dismantles the transatlantic relations that underpinned Germany\u2019s postwar recovery. The FT travels to Frankfurt and Berlin to examine why investment in crumbling schools, roads and rail infrastructure – and defence – is needed and to ask if the spending gamble will kickstart Germany’s economic engine.<\/p>\n
#germany #friedrichmerz #debt #economics #defence #infrastructure #debtbrake #borrowing #debt #donaldtrump #us #europe #industry #markets #investing #investment #companies #construction #schools #trains #bridges #roads #austerity #frankfurt #berlin\u00a0#angelamerkel #cdu #christiandemocraticunion #afd #greenparty #greens #politics #europeanunion #eu #geopolitics\u00a0#alternativeforgermany #alternativef\u00fcrdeutschland\u00a0#vladimirputin #russia #ukraine #warinukraine <\/p>\n
00:00 – Introduction
\n01:16\u00a0– Germany\u2019s spending gamble
\n02:32 – The “debt brake”
\n05:33 – Defence
\n09:14 – Trains
\n14:01 – Schools
\n18:17 – Roads
\n19:31 – The risks\u00a0
\n21:08 – The politics\u00a0
\n22:36 – Merz has no choice. He has to succeed\u00a0<\/p>\n
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See if you get the FT for free as a student (http:\/\/ft.com\/schoolsarefree<\/a>) or start a \u00a31 trial: https:\/\/subs.ft.com\/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.<\/a><\/p>\n \u25ba Check out our Community tab for more stories: https:\/\/www.youtube.com\/<\/a>@FinancialTimes\/community For decades Germany was allergic to debt. But new chancellor Friedrich Merz has – unexpectedly – loosened the country\u2019s constitutional<\/p>\n","protected":false},"author":1,"featured_media":80388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-80374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/80374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/comments?post=80374"}],"version-history":[{"count":0,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/80374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media\/80388"}],"wp:attachment":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media?parent=80374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/categories?post=80374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/tags?post=80374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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