Archive: https://archive.is/2025.03.21-101658/https://www.ft.com/content/bf9dde37-2dc8-44df-b5f5-ef5dece888f6
On Friday, the constitutional reform secured the support of more than two-thirds of the seats in the Bundesrat, the upper house that represents Germany’s 16 federal states.
The changes, which were approved by the Bundestag earlier this week, loosen the country’s constitutional borrowing restrictions to allow unlimited defence spending and create a special €500bn, 12-year vehicle to modernise the country’s infrastructure.
I hope you’re right, but this is the sort of dialog one might have had about the US a couple years ago. It’s alarming how quickly the tides can shift.