If approved, Germany's constitutional reforms and unprecedented fiscal stimulus would represent a historic transformation in its defense and economic strategy, unlocking massive military spending, providing greater flexibility to increase aid to Ukraine, and revitalizing the country's economy while boosting growth across neighboring countries. Christian Democratic Union (CDU) leader and Germany's likely next Chancellor, Friedrich Merz, announced on March 5 that he had reached an agreement with his prospective coalition partners to significantly boost funding for the country's military and infrastructure and relax constitutional government borrowing limits for defense and security spending. Just over a week after winning the Feb. 23 federal elections, Merz said the CDU and its Bavarian sister party, the Christian Social Union (CSU) -- along with their likely coalition partner, the center-left Social Democratic Party (SPD) -- will propose constitutional amendments to establish a 500 billion euro ($528 billion) infrastructure fund to finance investments in transportation, energy...
