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Boost for German Defence Spending Could Block Hike in Debt Limits

Germany could approve a fund to boost defence spending before the outgoing parliament steps down next month, while leaving debate over state borrowing limits to new lawmakers elected on Sunday. Mainstream parties are considering a special fund for increased military spending as Germany faces a confrontational Trump administration and hostile Russia. The two moves would each require two-thirds support in parliament, meaning success could depend on the composition of small parties that will change when the newly elected lawmakers are sworn in by March 25 at the latest.

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