Germany plans to lift 2027 borrowing to more than €203 billion ($232 billion), according to the budget draft seen by Reuters on Friday, a sharper rise than previously signalled, as Berlin ramps up investment and defence to shield its sluggish economy from war-related energy shocks and years of underinvestment.
Borrowing is up from the €196.5 billion signalled in April and far above the €50.5 billion in 2024 under the previous
