Germany Unveils Historic €800 Billion Rearmament Program, Ending Decades of Fiscal Restraint

Germany has announced an unprecedented plan to borrow over €800 billion by 2030 for a major rearmament initiative, marking a significant departure from its long-standing fiscal policies. This historic shift aims to boost defense spending to levels not seen since the Cold War era. The move, which includes raising over €200 billion from markets next year, signals a profound change in Germany's defense posture with substantial economic implications.