Published by Global Banking & Finance Review®
Posted on March 14, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleThe German Greens party supports Friedrich Merz's plan to increase public borrowing, crucial for passing the debt deal with a two-thirds majority in parliament.
BERLIN (Reuters) - An agreement has been reached on plans by German chancellor hopeful Friedrich Merz to massively ramp up public borrowing, a source from the Greens party said on Friday, adding: "We are satisfied."
Greens' support is seen as crucial to Merz's bid to pass the debt plan with a two-thirds majority in Germany's outgoing parliament.
(Reporting by Holger Hansen, writing by Rachel More, editing by Thomas Seythal)
The main topic is the agreement on a debt deal involving German public borrowing, supported by the Greens party.
The Greens' support is crucial for passing the debt plan with the necessary two-thirds majority in parliament.
Friedrich Merz is a chancellor hopeful in Germany, proposing to increase public borrowing.
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