19 March | Euro

German parliament passed debt rule reform

German parliament passed debt rule reform

Reuters reports that the outgoing parliament of Germany on Tuesday passed the bill, proposing a massive rise in government borrowing and changes of the country’s debt rules. 

The conservatives led by the future German Chancellor Friedrich Merz and the Social Democrats have proposed changing borrowing rules and creating a fund of €500 billion ($546 billion) to develop the country's infrastructure. Such steps are aimed at strengthening defense and boosting GDP growth in Germany, which is Europe's largest economy.

To secure the necessary majority of two-thirds in the German parliament, the conservatives and the Social Democrats had to include last minute demands of the Greens party in their reform plan, Reuters says.

According to the agency, the legislation will now go to the Bundesrat, which represents 16 states of Germany. The vote on the bill is to take place on Friday. Officials of the conservatives and Social Democrats said they expect the legislation to be passed.

Elena Dorokhina MarketCheese
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
Yesterday at 10:55 AM 32
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
Yesterday at 09:48 AM 28
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
Yesterday at 08:49 AM 18
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
Yesterday at 08:49 AM 19
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
Yesterday at 08:11 AM 18
Period: 11.12.2025 Expectation: 450 pips
Buying natural gas on way down before next rally
04 December 2025 62
Go to forecasts