Germany’s next government has agreed to ease constitutional borrowing limits, enabling over €1 trillion ($1.08 trillion) in defense and infrastructure spending. This marks a major policy shift from Germany’s traditionally debt-averse stance, with leaders from the Union bloc and Social Democrats backing the change. The agreement exempts military spending exceeding 1% of GDP from the country’s debt restrictions. Economists predict the move could boost GDP by up to 0.7% over two years, fueling economic growth. The decision reflects Germany’s increasing focus on defense readiness and modernization amid global security concerns.
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- 12/03/2025
- 0
European nations are increasingly recognizing Turkey’s defense industry, as seen in Italy’s Leonardo partnering with Baykar and Spain considering Turkish Aerospace Industries’ Hurjet jet trainers. Baykar is ramping up production of its Akinci UAS, with a new version featuring Leonardo equipment that could attract European buyers. The joint venture between Leonardo and Baykar highlights deepening industrial cooperation between Turkey and Europe. These developments signal Europe’s growing interest in Turkish military technology, particularly in unmanned systems and advanced aircraft. The shift reflects Turkey’s strengthening role in Europe’s defense industry and export market. Original news
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- 0
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