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2025-07-28 20:14:13
[Source: German government to approve 2026 budget with record investment] The German government will approve a draft budget for 2026 on Wednesday, including a record 126.7 billion euros in investment, as part of its fiscal "bazooka" for infrastructure and defense, a source from the German Ministry of Finance said. The 2026 budget, together with the medium-term fiscal framework until 2029, the entire package is expected to be approved by the cabinet on Wednesday. The spending surge is part of the German government's plan to revive the sluggish economy. Germany is the only economy in the Group of Seven (G7) that has failed to grow in the past two years, and the government expects the German economy to stagnate this year.
