Germany’s federal cabinet on the 6th approved a draft 2027 federal budget that plans total spending of €555.4bln, up from €524.5bln in 2026. The draft raises federal defense spending to about €109.7bln in 2027, roughly one-third higher than 2026. The

2026-07-07

Germany’s federal cabinet on the 6th approved a draft 2027 federal budget that plans total spending of €555.4bln, up from €524.5bln in 2026. The draft raises federal defense spending to about €109.7bln in 2027, roughly one-third higher than 2026. The plan drew criticism: The Left said it prioritizes defense over household relief and disaster aid; industry groups warned spending and debt growth are too rapid and fiscal planning lacks prudence; environmental organizations criticized reallocations from the climate and transformation fund, saying the move would weaken support for climate protection.