Germany’s Spending Gamble
Overview
For decades Germany was allergic to debt. But new chancellor Friedrich Merz has - unexpectedly - loosened the country’s constitutional debt brake, injecting hundreds of billions of euros into the armed forces and infrastructure. The move, he hopes, will revive Europe’s largest economy and build up its military as Donald Trump’s US administration dismantles the transatlantic relations that underpinned Germany’s postwar recovery. The FT travels to Frankfurt and Berlin to examine why investment in crumbling schools, roads and rail infrastructure - and defence - is needed and to ask if the spending gamble will kickstart Germany's economic engine.
Release date
24/07/2025
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0
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Friedrich Merz
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Olaf Storbeck
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Armin Steinbach
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Martin Wolf
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Philippa Sigl-Glöckner
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Franziska Brantner
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Anja Bröker
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Christian Böttger
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Uwe Gehrmann
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Katrin Oestreich
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Felix Pakleppa
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Anne-Sylvaine Chassany
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Donald Trump
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Original Soundtrack
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Merkel
Helmut Schmidt - Questions of life
Lebenslänglich Politik: Der ewige Schäuble
Bimbes: Die schwarzen Kassen des Helmut Kohl
The Indomitable
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Petra Kelly - Act Now!
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Die Meute
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Following Habeck
Der Traum von fünf Prozent
Im Netz der Gier
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