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German parliament to vote on high-borrowing budget  DW  06/24/2025

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EXPLAINED: What Germany's new 2025 budget means for you

DER SPIEGEL

Verteidigung: Lars Klingbeil plant fr 2029 mit 3,5 Prozent Verteidigungsausgaben

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CillianMcLough1

Responsible Statecraft

German leaders miscalculated popular will for war spending

<span>Defense spending will reach €62.4 billion in 2025, increasing by approximately €10 billion from 2024, with plans to expand to €152.8 billion by 2029, achieving a NATO quota of 3.5% of GDP compared to the current 2.4% target.</span

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Defense spending will reach €62.4 billion in 2025, increasing by approximately €10 billion from 2024, with plans to expand to €152.8 billion by 2029, achieving a NATO quota of 3.5% of GDP compared to the current 2.4% target.

<span>The government plans record investments of over €115 billion in 2025, representing a 55% increase from 2024, focusing on infrastructure modernization including €22 billion for railway infrastructure and digitalization projects.</span

Bundesministerium der Finanzen

The government plans record investments of over €115 billion in 2025, representing a 55% increase from 2024, focusing on infrastructure modernization including €22 billion for railway infrastructure and digitalization projects.

<span>A new €500 billion Special Infrastructure and Climate Neutrality Fund will provide €37.2 billion in 2025, with annual allocations between €57-59.4 billion from 2026-2029 to support climate protection and infrastructure development.</span

A new €500 billion Special Infrastructure and Climate Neutrality Fund will provide €37.2 billion in 2025, with annual allocations between €57-59.4 billion from 2026-2029 to support climate protection and infrastructure development.

<span>Housing support receives €20 billion through 2028, including a record €3.5 billion for social housing in 2025, while housing allowance will increase by 15% to benefit approximately 4.5 million people in low-income households.</span

Housing support receives €20 billion through 2028, including a record €3.5 billion for social housing in 2025, while housing allowance will increase by 15% to benefit approximately 4.5 million people in low-income households.

<span>The budget includes structural reforms to reduce bureaucracy and energy costs, with consumers receiving relief from gas storage surcharges starting January 2026, while electricity tax reductions will benefit industry, agriculture and forestry sectors.</span

ZEIT ONLINE

The budget includes structural reforms to reduce bureaucracy and energy costs, with consumers receiving relief from gas storage surcharges starting January 2026, while electricity tax reductions will benefit industry, agriculture and forestry sectors.

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German budget

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The budget relies on dangerous fiscal tricks that gut climate protection funding to subsidize fossil gas instead of renewable energy. Doubling debt levels while cutting social programs shows misplaced priorities that burden future generations with unsustainable financial obligations.

<span>The budget relies on dangerous fiscal tricks that gut climate protection funding to subsidize fossil gas instead of renewable energy. Doubling debt levels while cutting social programs shows misplaced priorities that burden future generations with unsustainable financial obligations.</span>

Haushalt: Lars Klingbeil kndigt Investitionen in Rekordhhe an

Germany Approves Record €503B Budget With Defense Surge

Germany Approves Record €503B Budget With Defense Surge

GermanGermany budgetApproves Record €503B Budget With Defense Surge

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Germany Approves Record €503B Budget With Defense Surge

GermanGermany budgetApproves Record €503B Budget With Defense Surge

The Spin

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