Germany's cabinet approved a 34% defense spending increase for 2027, with €203B in new borrowing. Here's what it means for bond yields and crypto markets.

Germany's cabinet approved a draft 2027 budget with over €203B in borrowing and €555.4B in spending, reshaping Europe's fiscal landscape and macro outlook

Germany's 2027 budget features €118.7 billion in net new borrowing, up 7% from prior plans, as Europe's largest economy abandons fiscal austerity for